April 20, 2015  Trade Alert #2 -  Rising Tide  Portfolio

We can add another spread if we roll all the short positions into May:

 

BTC 6 COST MAY2 15 152.5 calls (COST150508C152.5)
STO 6 COST May-15 150 calls (COST150515C150) for a credit of $.55  (selling a diagonal)

BTO 1 COST Oct-15 145 call (COST151016C145)
STO 1 COST May-15 145 call (COST150515C145) for a debit of $4.26  (buying a calendar

Be prepared to change these price limits by $.05 or more in order to get an execution.

 
Happy trading.

 

Terry