July 11, 2014 Trade Alert - Terry’s Trades Portfolio – LIMIT ORDERS

With SVXY down nearly $4 this week, it seems to be a good time to get long:

BTO 1 SVXY Sep-14 95 put (SVXY140920P95)
STO 1 SVXY Jul-14 92 put (SVXY140719P92) for a debit limit of $7.90  (buying a diagonal)

BTO 1 SVXY Sep-14 90 call (SVXY140920C90)
STO 1 SVXY Jul-14 90 call (SVXY140719C90) for a debit limit of $5.85  (buying a calendar)

BTO 1 SVXY Sep-14 95 call (SVXY140920C95)
STO 1 SVXY Jul4-14 95 call (SVXY140725C95) for a debit limit of $4.20  (buying a calendar)

Happy trading.
 
Terry