April 9, 2015  Trade Alert #2 -  BABA Black Sheep  Portfolio

We have enough cash to add these spreads:

 

BTO 2 BABA Jul-15 90 calls (BABA150717C90)
STO 2 BABA May-15 90 calls (BABA150515C90) for a debit of $1.62  (buying a calendar)

Be prepared to change this price limit by $.05 or more in order to get an execution.

 
Happy trading.

 

Terry