July 16, 2013 Trade Alert - Rising Tide Portfolio

We have become negative net delta and should roll over to next month:

BTC 1 COST Jul-13 115 call (COST130720C115)
STC 1 COST Jan-14 110 call (COST140118C110) for a credit of $7.98  (selling a diagonal)

BTC 2 COST Jul-13 115 calls (COST130720C115)
STO 2 COST Aug-13 120 calls (COST130817C120) for a debit of $1.10  (selling a diagonal)

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