Subject: September 8, 2014 Trade Alert - Terry’s Trades Portfolio – limit order

September 8, 2014 Trade Alert - Terry’s Trades Portfolio – limit order

As we discussed in the Saturday Report, we will make this trade as a hedge against a market crash:

BTO 10 SPY Nov-14 195 puts (SPY141122P195)
STO 10 SPY Nov-14 190 puts (SPY141122P190) for a debit limit of $.95  (buying a vertical)
 
Happy trading.
 
Terry

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