May 4, 2015  Trade Alert -  Rising Tide  Portfolio

We want to collect some extra premium:

 

BTC 1 COST May-15 150 call (COST150515C150)
STC 1 COST Oct-15 150 call (COST151016C150) for a credit of $4.17  (selling a calendar)

BTC 4 COST May-15 150 calls (COST150515C150)
STO 4 COST May-15 146 calls (COST150515C146) for a credit of $1.34  (selling a vertical) 

BTO 4 COST Oct-15 145 calls (COST151016C145)
STC 4 COST Oct-15 150 calls (COST151016C150) for a debit of $2.43  (buying a vertical)

 

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

 
Happy trading.

 

Terry