March 30, 2015  Trade Alert #2 -  Pattern Play  Portfolio – LIMIT ORDER

With the stock up so strongly we should get longer:

 

BTC 1 SVXY APR1 15 69 call (SVXY150402C69)
STO 1 SVXY Apr2-15 72 call (SVXY150409C72) for a debit limit of $.70  (selling a diagonal)

 

If this does not execute in 3 minutes, lower the credit limit by $.03 and try again for 3 minutes, and repeat this process until an execution is successful.

 

Happy trading.

 

Terry