February 4, 2015  Trade Alert -  Rising Tide  Portfolio

These trades will use our spare cash to give us more time for our long call and move to a higher strike:

 

BTC 1 COST Feb-15 145 call (COST150220C145)
STC 1 COST Apr-15 145 call (COST150417C145) for a credit of $1.05  (selling a calendar)

BTO 1 COST Jul-15 155 call (COST150717C155)
STO 1 COST Feb-15 155 call (COST150220C155) for a debit of $4.46  (buying a calendar)

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

 
Happy trading.

 

Terry