September 21, 2015  Trade Alert -  Pattern Play  Portfolio – LIMIT ORDERS

These trades will get us set up for next month:

 

BTO 1 SVXY Oct5-15 54 call (SVXY151030C54)

STO 1 SVXY Sep4-15 58 call (SVXY150925C58) for a debit of $5.20  (buying a diagonal)

 

BTO 1 SVXY Oct5-15 55 call (SVXY151030C55)

STO 1 SVXY Oct1-15 61 call (SVXY151002C61) for a debit of $4.65  (buying a diagonal)

 

If these don’t 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