October 16, 2014  Trade Alert #2 -  Terry’s Trades  Portfolio – LIMIT ORDER 

We have some spare cash and a bullish calendar spread on SVXY is in order:

 

BTO 1 SVXY Jan-15 65 call (SVXY150117C65)
STO 1 SVXY Nov-14 65 call (SVXY141122C65) for a debit limit of $2.30  (buying a calendar) 

If this does not execute in 3 minutes, increase the limit by $.05 and try again, and continue this process until an execution takes place.

Happy trading. 

 

Terry