October 20, 2015  Trade Alert -  Rising Tide  Portfolio

We need to get longer:

 

BTO 2 COST Apr-16 155 calls (COST160415C155)
STC 2 COST Apr-16 150 calls (COST160415C150) for a credit of $2.82  (selling a vertical)

BTC 1 COST OCT4 15 152.5 call (COST151023C152.5)
STO 1 COST Nov1-15 155 call (COST151106C155) for a debit of $.44  (selling a diagonal)

BTC 1 COST OCT5 15 152.5 call (COST151030C152.5)
STO 1 COST OCT5 15 155 call (COST151030C155) for a debit of $1.56  (buying a vertical)

BTC 2 COST NOV1 15 152.5 calls (COST151106C152.5)
STO 2 COST NOV1 15 155 calls (COST151106C155) for a debit of $1.52  (buying a vertical)

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

 
Happy trading.

 

Terry