May 13, 2015  Trade Alert -  Pattern Play  Portfolio – LIMIT ORDER

We have become negative net delta:

 

BTC 1 SVXY May-15 80 call (SVXY150515C80)
STO 1 SVXY May4-15 83 call (SVXY150522C83) for a debit limit of $.72  (selling a diagonal)

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

 

Happy trading.

 

Terry