June 10, 2016  Trade Alert #2 -  Rising Tide  Portfolio

The stock has performed better than the general market, and we have become negative net delta once again:

 

BTC 2 COST 17Jun16 152.5 calls (COST160617C152.5)
STO 2 COST 1Jul16 155 calls (COST160701C155) for a debit of $.68  (selling a diagonal)

BTO 1 COST 21Oct16 155 call (COST161021C155)
STC 1 COST 21Oct16 150 call (COST161021C150) for a credit of $3.08  (selling a vertical)

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

 
Happy trading.

 

Terry