May 12, 2015  Trade Alert -  Rising Tide  Portfolio

These trades will get us far less positive net delta:

 

BTC 5 COST May-15 150 calls (COST150515C150) for $.04 (no commission)

STO 5 COST Jun-15 145 calls (COST150619C145) for $2.95

 BTO 5 COST Oct-15 145 calls (COST151016C145

STO 5 COST Jun-15 145 calls (COST150619C145) for a debit of $3.24  (buying a calendar)

 

BTO 1 COST Oct-15 145 call (COST151016C145)
STO 1 COST Oct-15 150 call (COST151016C150) for a debit of $2.23  (buying a vertical)

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

 
Happy trading.

 
Terry