October 22, 2015  Trade Alert -  Rising Tide  Portfolio

We need to get a bit longer:

 

BTO 2 COST Apr-16 155 calls (COST160415C155)
STC 2 COST Apr-16 150 calls (COST160415C150) for a credit of $2.95  (selling a vertical)

BTC 2 COST OCT5 15 155 calls (COST151030C155)
STO 2 COST OCT5 15 157.5 calls (COST151030C157.5) for a debit of $1.24  (buying a vertical)

BTC 1 Nov2-15 155 call (COST151113C155)
STO 1 Nov2-15 157.5 call (COST151113C157.5) for a debit of $1.29  (buying a vertical)

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

 
Happy trading.

 

Terry