October 16, 2015  Trade Alert -  Rising Tide  Portfolio

We need to get longer:

 

BTC 1 COST Oct4-15 150 call (COST151023C150)
STC 1 COST Jan-16 150 call (COST160115C150) for a credit of $3.23  (selling a calendar) 

BTC 1 COST Oct4-15 150 call (COST151023C150)
STO 1 COST Oct4-15 152.5 call (COST151023C152.5) for a debit of $1.73  (buying a vertical) 

BTC 1 COST Oct5-15 150 call (COST151030C150)
STO 1 COST Nov1-15 152.5 call (COST151106C152.5) for a debit of $1.27  (selling a diagonal)

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

 
Happy trading.

 

Terry