Subject: July 9, 2014 Trade Alert - Rising Tide Portfolio
July 9, 2014 Trade Alert - Rising Tide Portfolio
Some people (including us) had our short July 115 calls exercised and are short stock. Buy these shares back at the market, and for each 100 shares bought, sell 1 Jul-14 115 calls (COST140719C115) for $2.53.
There will be a $.35 dividend charged to those shares taken somewhere down the line.
Be prepared to change this price limit by $.05 or more in order to get an execution.
Happy trading.
Terry
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