October 11, 2013 Trade Alert - Rising Tide Portfolio

We can roll the expiring 116 calls to next week and collect some premium, and buy more time for some of our long calls albeit at a higher strike:

BTC 2 COST OCT2 13 116 calls (COST131011C116) for $.04 (no commission)

STO 2 COST Oct-13 115 calls (COST131019C115) for $.54

BTO 2 COST Apr-14 120 calls (COST1419C120)
STC 2 COST Jan-14 115 calls (COST140118C115) for a credit of $.50  (buying a diagonal) 

BTO 2 COST Apr-14 115 calls (COST1419C115)
STO 2 COST Nov-13 115 calls (COST131116C115) for a debit of $3.57  (buying a calendar)

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