March 26 Trade Alert - Calendar Twist

Subject: March 26 Trade Alert - Calendar Twist



	Terry’s Tips March 26, 2012 Trade Alert - Calendar Twist Portfolio With SPY up over $1.25 from the original strike, the trading rules call for the next trade. BTO 16 SPY Apr-12 141 calls (SPY120421C141) STO 16 SPY Mar5-12 141 calls (SPY120330C141) for a debit of $1.05 (buying a calendar) Be prepared to change this price limit by $.05 or more in order to get an execution. Happy trading.Terry

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