August 5, 2013 Trade Alert - Rising Tide Portfolio

There is no premium remaining in the 115 short calls so we will roll out of them:

BTC 1 COST Aug-13 115 call (COST130817C115)
STC 1 COST Jan-14 113 call (COST140118C113) for a credit of $4.35  (selling a diagonal)

BTC 1 COST Aug-13 115 call (COST130817C115)
STO 1 COST Sep-13 120 call (COST130921C120) for a debit of $2.86  (selling a diagonal) 

BTC 1 COST Aug-13 115 call (COST130817C115)
STO 1 COST Sep-13 125 call (COST130921C125) for a debit of $4.50  (selling a diagonal)

BTC 1 COST Aug-13 120 call (COST130817C120)
STO 1 COST Sep-13 120 call (COST130921C120) for a credit of $1.22  (selling a calendar)

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