June 8, 2015  Trade Alert -  Pattern Play  Portfolio – LIMIT ORDERS

These trades will get us set up for next month:

 

BTO 1 SVXY Jul4-15 89 call (SVXY150724C89)

STO 1 SVXY Jun-15 89 call (SVXY150619C89) for a debit limit of $3.40  (buying a calendar)

BTO 1 SVXY Jul4-15 90 call (SVXY150724C90)

STO 1 SVXY Jun-15 90 call (SVXY150619C90) for a debit limit of $3.35  (buying a calendar)

BTO 1 SVXY Jul4-15 92 call (SVXY150724C92)

STO 1 SVXY Jun-15 92 call (SVXY150619C92) for a debit limit of $3.15  (buying a calendar)

If these do not execute in 3 minutes, change the limits by $.02 and try again for 3 minutes, and repeat this process until an execution is successful. 

 

Happy trading.

Terry