August 3, 2016  Trade Alert -  Rising Tide  Portfolio

These trades will increase theta and get us more neutral net delta:

 

BTO 1 COST 21Oct16 165 call (COST161021C165)
STC 1 COST 21Oct16 170 call (COST161021C170) for a debit of $2.46  (buying a vertical)

BTC 1 COST 19Aug16 170 call (COST160819C170)
STO 1 COST 12Aug16 165 call (COST160812C165) for a credit of $1.59  (buying a diagonal)

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

 
Happy trading.

 

Terry