July 15, 2014  Trade Alert -  Rising Tide  Portfolio

We have nothing to gain by waiting any longer to roll to next month:

 

BTC 2 COST Jul-14 115 calls (COST140719C115)

STC 2 COST Oct-14 115 calls (COST141018C115) for a credit of $2.25  (selling a calendar)

 

 

BTC 1 COST Jul-14 115 call (COST140719C115)

STO 1 COST Aug-14 120 call (COST140816C120) for a debit of $1.95 (selling a diagonal)

 

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

 
Happy trading.

 

Terry