Subject: August 27, 2015 Trade Alert - Rising Tide Portfolio

August 27, 2015  Trade Alert -  Rising Tide  Portfolio  


The stock has gone up enough for us to collect some premium and add on a new spread:

 

BTC 3 COST AUG4-15 146 calls (COST150828C146) for a limit of $.05 (no commission)

BTC 3 COST AUG4-15 147 calls (COST150828C147) for a limit of $.05 (no commission)

BTC 2 COST AUG4-15 148 calls (COST150828C148) for a limit of $.05 (no commission)

If those trades execute:

STO 3 COST SEP1-15 142 calls (COST150904C142) for $.98

STO 3 COST SEP2-15 142 calls (COST150911C142) for $1.48

STO 2 COST SEP2-15 143 calls (COST150911C143) for $1.16

BTO 4 COST Jan-16 140 calls (COST160115C140)
STC 4 COST Jan-16 145 calls (COST160115C145) for a debit of $2.32  (buying a vertical)

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

Happy trading.


Terry

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