Subject: November 25, 2013 Trade Alert - Rising Tide Portfolio
November 25, 2013 Trade Alert - Rising Tide Portfolio
There is little reason to wait any longer to roll out our short calls:
BTC 1 COST NOV5 13 124 call (COST131129C124)
STO 1 COST DEC2 13 128 call (COST131213C128) for a debit of $1.15 (selling a diagonal)
BTC 1 COST NOV5 13 124 call (COST131129C124)
STO 1 COST DEC2 13 129 call (COST131213C129) for a debit of $1.45 (selling a diagonal)
BTC 1 COST NOV5 13 125 call (COST131129C125)
STO 1 COST DEC-13 130 call (COST131221C130) for a debit of $.60 (selling a diagonal)
BTO 3 COST Jul-14 125 calls (COST140718C125)
STC 3 COST Apr-14 120 calls (COST140419C120) for a credit of $1.30 (buying a diagonal)
Be prepared to change these price limits by $.05 or more in order to get an execution.
Happy trading.
Terry
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