June 28, 2016  Trade Alert -  Rising Tide  Portfolio

The stock hasn’t recovered as much as we would like, but we should collect some premium anyway:

 

STO 2 COST 15Jul16 157.5 calls (COST160715C157.5) for $1.46

BTO 1 COST 21Oct16 160 call (COST161021C160)
STC 1 COST 15Jul16 155 call (COST160715C155) for a debit of $1.50  (buying a diagonal)

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

 
Happy trading.

 

Terry