Subject: July 11, 2013 Trade Alert - Rising Tide Portfolio

July 11, 2013 Trade Alert - Rising Tide Portfolio

We have become negative net delta and should roll these July short calls to August:

BTC 4 COST Jul-13 113 calls (COST130720C113)
STO 4 COST Aug-13 115 calls (COST130817C115) for a debit of $.20  (selling a diagonal)

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

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