July 8, 2016  Trade Alert #2 -  Rising Tide  Portfolio

These trades will get us set up for next week:  

BTC 2 COST 15Jul16 157.5 calls (COST160715C157.5)
STO 2 COST 15Jul16 165 calls (COST160715C165) for a debit of $6.29  (buying a vertical)

BTC 1 COST 29Jul16 157.5 call (COST160729C157.5)
STO 1 COST 22Jul16 167.5 call (COST160722C167.5) for a debit of $7.30  (buying a diagonal)

BTO 1 COST 21Oct16 165 call (COST161021C165)
STC 1 COST 21Oct16 155 call (COST161021C155) for a credit of $6.75  (selling a vertical)

BTO 2 COST 21Oct16 165 calls (COST161021C165)
STC 2 COST 21Oct16 160 calls (COST161021C160) for a credit of $3.05  (selling a vertical)

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

 
Happy trading.

 

Terry