Subject: August 19, 2014 Trade Alert - Rising Tide Portfolio

August 19, 2014 Trade Alert - Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST AUG4 14 117 call (COST140822C117)
STO 1 COST Sep-14 121 call (COST140920C121) for a debit of $1.80  (selling a diagonal)

BTC 1 COST AUG4 14 118 call (COST140822C118)
STO 1 COST Sep-14 121 call (COST140920C121) for a debit of $1.00  (selling a diagonal)

BTC 1 COST AUG4 14 119 call (COST140822C119)
STC 1 COST Jan-15 115 call (COST150117C115) for a credit of $6.20  (selling a diagonal)

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

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