August 13, 2013 Trade Alert - Terry’s Trades Portfolio – LIMIT ORDER

I think it is highly unlikely that GMCR will trade outside this range in the next 10 days:

BTO 5 GMCR Aug4-13 85 calls (GMCR130823C85)
STO 5 GMCR Aug4-13 82.5 calls (GMCR130823C82.5)
BTO 5 GMCR Aug4-13 70 puts (GMCR130823P70)
STO 5 GMCR Aug4-13 72.5 puts (GMCR130823P72.5) for a limit of $.62 (selling an iron condor)
 
 Happy trading.
 
Terry