Subject: November 19, 2014 Trade Alert - Rising Tide Portfolio

November 19, 2014 Trade Alert - Rising Tide Portfolio

If the stock ticks up just a little we will become negative net delta:

BTC 3 COST Nov-14 138 calls (COST141122C138)
STO 3 COST Dec-14 140 calls (COST141220C140) for a credit of $.48  (selling a diagonal)

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

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