Subject: July 22, 2015 Trade Alert #2 - Rising Tide Portfolio

July 22, 2015  Trade Alert #2 -  Rising Tide  Portfolio


We can roll some long calls out to January and add a new spread:

BTO 5 COST Jan-16 145 calls (COST160115C145)
STC 5 COST Oct-15 140 calls (COST151016C140) for a credit of $1.10  (buying a diagonal)
 

BTO 1 COST Jan-16 150 call (COST160115C150)
STO 1 COST Jul5-15 147 call (COST150731C147) for a debit of $3.85  (buying a diagonal)

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

Happy trading.

Terry

 

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