August 7, 2015  Trade Alert -  Rising Tide  Portfolio

With the stock down so much today we are tempted to postpone rolling over, but we will collect some premium just in case it doesn’t recover soon:

 

BTC 3 COST AUG1 15 146 calls (COST150807C146) for a limit of $.05 (no commission)

Only if this executes:

STO 3 COST Aug-15 146 calls (COST150821C146) for $1.00

BTO 1 COST Jan-16 145 call (COST160115C145)
STO 1 COST Aug-15 145 call (COST150821C145) for a debit of $5.00  (buying a calendar)  

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

 
Happy trading.

Terry