June 20, 2014 Trade Alert - Terry’s Trades Portfolio – limit orders

We will close out the SVXY spread and institute a long SPY position for next month:

BTC 5 SVXY Jun-14 81 puts (SVXY140621P8) for a limit of $.05 (no commission)

STC 5 SVXY Jul-14 81 puts (SVXY140719P81) for a limit of $2.50

If those trades execute:
 
BTO 10 SPY Jul2-14 196 calls (SPY140711C196) for a limit of $1.36
 
Happy trading.
 
Terry