Subject: May 9, 2013 Trade Alert - Terry’s Trades Portfolio – LIMIT ORDER
May 9, 2013 Trade Alert - Terry’s Trades Portfolio – LIMIT ORDER
The stock has gone up so far that we can expect to collect little more than the intrinsic value of this spread:
BTC 3 GMCR May2-13 57 calls (GMCR130510C57)
STC 3 GMCR Jun-13 52.5 calls (GMCR130622C52.5) for a credit limit of $4.55 (selling a diagonal)
Happy trading.
Terry
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