December 30, 2015  Trade Alert -  Rising Tide  Portfolio

The stock is moving higher while the overall market is down – we should roll over before it gets too expensive to buy the expiring calls back:

 

BTC 3 COST DEC5 15 162.5 calls (COST151231C162.5)
STO 3 COST JAN2 16 165 calls (COST160108C165) for a debit of $.04  (selling a diagonal)

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

 
Happy trading.

 

Terry