September 5, 2014 Trade Alert - Terry’s Trades Portfolio - LIMIT ORDERS

We are making pretty much these same trades in the PEA Play portfolio so we will close out our positions here and retain the small amount of cash for a different strategy if one presents itself:

BTC 1 SVXY SEP1 14 83 put (SVXY140905P83)
STC 1 SVXY Sep-14 83 put (SVXY140920P83) for a credit limit of $.95  (selling a calendar)

BTC 1 SVXY SEP1 14 87 put (SVXY140905P87)
STC 1 SVXY Sep-14 87 put (SVXY140920P87) for a credit limit of $1.00  (selling a calendar)

BTC 1 SVXY SEP1 14 88 put (SVXY140905P88)
STC 1 SVXY OCT1 14 88 put (SVXY141003P88) for a credit limit of $.70  (selling a calendar) 

STC 1 SVXY Sep-14 95 call (SVXY140920C95) for a limit of $.20 

Happy trading.
 
Terry