Subject: March 22, 2013 Trade Alert #2 - Terry’s Trades Portfolio
March 22, 2013 Trade Alert #2 - Terry’s Trades Portfolio
We need to close out the put spreads:
BTC 40 ORCL Mar4-13 34 puts (ORCL130322P34)
STC 40 ORCL Apr-13 34 puts (ORCL130420P34) for a credit limit of $.12 (selling a calendar)
BTC 20 ORCL Mar4-13 33.5 puts (ORCL130322P33.5)
STC 20 ORCL Apr-13 34 puts (ORCL130420P34) for a credit limit of $.62 (selling a diagonal)
BTC 20 ORCL Mar4-13 35 puts (ORCL130322P35)
STC 20 ORCL Apr-13 35 puts (ORCL130420P35) for a credit limit of $.05 (selling a calendar)
BTC 20 ORCL Mar4-13 34.5 puts (ORCL130322P34.5)
STC 20 ORCL Apr-13 35 puts (ORCL130420P35) for a credit limit of $.60 (selling a diagonal)
Be prepared to change these price limits by $.05 or more in order to get an execution.
Happy trading.
Terry
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