August 27, 2013 Trade Alert - Terry’s Trades Portfolio LIMIT ORDERS

We should expand our break-even range by moving to higher strikes:

BTC 10 GMCR Sep-13 85 calls (GMCR130921C85)
STC 10 GMCR Sep-13 87.5 calls (GMCR130921C87.5) for a debit limit of $1.01  (buying a vertical)

If that executes:

BTC 4 GMCR Sep-13 72.5 puts (GMCR130921P72.5)
STC 4 GMCR Sep-13 70 puts (GMCR130921P70) for a debit limit of $.26  (buying a vertical)

If that executes:

BTO 6 GMCR Sep-13 92.5 calls (GMCR130921C92.5)
STO 6 GMCR Sep-13 90 calls (GMCR130921C90) for a credit limit of $52  (selling a vertical)

Happy trading.
 
Terry