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

This spread is so far out of the money that we might as well close it out:

BTC 1 SVXY Oct-14 82 put (SVXY141018P82)
STC 1 SVXY Jan-15 82 put (SVXY150117P82) for a credit limit of $1.30  (selling a calendar)

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

Happy trading.
 
Terry