October 3, 2013 Trade Alert - Rising Tide Portfolio

We have become negative theta and should sell some premium.   While we usually don’t sell weeklys, there are strikes available in those options which are not available in the monthlies:

STO 1 COST Oct-13 115 call (COST131019C115) for $1.80

STO 2 COST Oct2-13 116 calls (COST131011C116) for $. $1.08

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