May 18, 2015  Trade Alert -  Pattern Play  Portfolio – LIMIT ORDER

We have become negative net delta:

 

BTC 1 SVXY MAY4 15 83 call (SVXY150522C83)
STO 1 SVXY MAY5-15 86 call (SVXY150529C86) for a debit limit of $1.13  (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