May 12, 2015  Trade Alert -  Pattern Play  Portfolio – LIMIT ORDER

This trade will create a maintenance requirement but we have enough cash to cover it:

 

BTC 1 SVXY May-15 85 call (SVXY150515C85)
STO 1 SVXY May-15 80 call (SVXY150515C80) for a credit of $1.05  (selling a vertical)

If this does not execute in 3 minutes, lower the credit limit by $.02 and try again for 3 minutes, and repeat this process until an execution is successful.

 

Happy trading.

 

Terry