March 17, 2016  Trade Alert -  Rising Tide  Portfolio

We have become negative net delta:

 

BTC 1 COST Mar-16 152.5 call (COST160318C152.5)
STO 1 COST Mar4-16 155 call (COST160325C155) for a debit of $1.03  (selling a diagonal)

 

BTC 1 COST Mar-16 152.5 call (COST160318C152.5)

STO 1 COST Apr1-16 157.5 call (COST160401C157.5) for a debit of $1.37  (selling a diagonal)

 

BTC 1 COST Mar4-16 152.5 call (COST160325C152.5)

STO 1 COST APR2-16 155 call (COST160308C155) for a debit of $.35  (selling a diagonal)

 

BTO 1 COST Jul-16 155 call (COST160715C155)

STC 1 COST Jul-16 150 call (COST160715C150) for a credit of $2.90 (selling a vertical)

 

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

 
Happy trading.

 

Terry