February 12, 2016  Trade Alert -  Rising Tide  Portfolio

The stock is up today although not as much as we would like.  However, we need to get some short calls in our portfolio and roll down to some lower strikes:

 

STO 3 COST Feb-16 150 calls (COST160219C150) for $1.27

BTO 1 COST Apr-16 150 call (COST160415C150)
STC 1 COST Apr-16 160 call (COST160415C160) for a debit of $3.70  (buying a vertical)

BTO 2 COST Apr-16 150 call (COST160415C150)
STC 2 COST Apr-16 165 call (COST160415C165) for a debit of $4.52  (buying a vertical

STC 2 COST Apr-16 165 call (COST160415C165) for $.77 

STO 3 COST Mar1-16 150 calls (COST160304C150) for $3.15

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

 
Happy trading.

 

Terry