Portfolio #3: ALERT We are placing a Good til canceled BUY STOP order on SUNE October 9/11 call spread to close the spread.
We are placing a BUY STOP on the SUNE October 9/11 call spread at a $0.40 NET DEBIT to potentially close the spread
If the BUY STOP PRICE is triggered we will be stopped out of the spread and the spread will be closed.
If the BUY STOP PRICE is not triggered we will continue to hold the position and may even lower the STOP
NOTE: We still have an open BUY STOP on our VVUS 11/13 call spread at a NET DEBIT of $0.60.
We may be adding a few additional October positions this weekend.
REMINDER: MCM November plays will begin next weekend.