Subject: July 8, 2013 Trade Alert - Rising Tide Portfolio

July 8, 2013 Trade Alert - Rising Tide Portfolio

We have become negative net delta and this small change will flatten us out:

BTC 1 COST Jul-13 110 call (COST130720C110)
STO 1 COST Aug-13 115 call (COST130817C115) for a debit of $1.87  (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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