Subject: May 19, 2015 Trade Alert - Pattern Play Portfolio – LIMIT ORDERS
May 19, 2015 Trade Alert - Pattern Play Portfolio – LIMIT ORDERS
We have become negative net delta:
BTC 1 SVXY MAY4 15 85 call (SVXY150522C85)
STO 1 SVXY May5-15 87 call (SVXY150528C87)
for a debit limit of $.47 (selling a
diagonal)
BTC 1 SVXY MAY4 15 85 call (SVXY150522C85)
STO 1 SVXY May5-15 88 call (SVXY150528C88)
for a debit limit of $1.02 (selling a
diagonal)
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
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