December 2, 2015  Trade Alert -  Rising Tide  Portfolio

We are a bit too long:

 

BTC 2 COST DEC2 15 167.5 calls (COST151211C167.5)
STO 2 COST DEC2 15 162.5 calls (COST151211C162.5) for a credit of $1.67  (selling a vertical)

BTO 1 COST Apr-16 165 call (COST160415C165)
STO 1 COST DEC2 15 162.5 call (COST151211C162.5) for a debit of $3.20  (buying a diagonal)

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

 
Happy trading.

 

Terry