September 11, 2015  Trade Alert -  Rising Tide  Portfolio

These trades will get us set up for next week.  We will use the cash generated to extend some of our long calls out to April:

 

BTC 1 COST SEP2 15 140 call (COST150911C140)
STC 1 COST Oct-15 140 call (COST151016C140) for a credit of $3.41  (selling a calendar)

BTC 4 COST SEP2 15 140 calls (COST150911C140)
STO 4 COST Sep4-15 140 calls (COST150925C140) for a credit of $1.80  (selling a calendar)

BTC 1 COST SEP2 15 140 call (COST150911C140)
STO 1 COST Sep-15 140 call (COST150918C140) for a credit of $1.20  (selling a calendar)

BTC 3 COST SEP2 15 142 calls (COST150911C142) for $.05 (no commission)

BTC 2 COST SEP2 15 143 calls (COST150911C143) for $.05 (no commission)

STO 1 COST Sep-15 142 call (COST150918C142) for $1.00 

STO 2 COST Oct1-15 142 calls (COST151002C142) for $2.48

STO 2 COST Oct1-15 143 calls (COST151002C143) for $2.03

BTO 3 COST Apr-16 140 calls (COST160415C140)
STC 3 COST Oct-15 140 calls (COST151016C140) for a debit of $5.37  (buying a calendar)

 

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

 
Happy trading.

Terry