May 16, 2014 Trade Alert - Rising Tide Portfolio

We are rolling to weeklies so that we can get a strike between 115 and 120:

BTC 4 COST May-14 115 calls (COST140517C115)
STO 4 COST Jun2-14 117 calls (COST140613C117) for a credit of $.80  (selling a diagonal)

BTO 1 COST Jan-15 115 call (COST150117C115)
STO 1 COST Jun-14 115 call (COST140621C115) for a debit of $3.70  (buying a calendar)

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