February 12, 2016  Trade Alert #2 -  Rising Tide  Portfolio

If we sell one more call we will get enough cash to roll out a long 150 call to July:

 

STO 1 COST Mar1-16 155 call (COST160304C155) for $1.23

BTO 1 COST Jul-16 150 call (COST160715C150)

STC 1 COST Apr-16 150 call (COST160415C150) for a debit of $2.68  (buying a calendar)

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

 
Happy trading.

 

Terry