September 23, 2015  Trade Alert -  Rising Tide  Portfolio

The stock is looking awfully strong and we should roll out of our in-the-money short calls a little early:

 

BTC 4 COST SEP4 15 142 calls (COST150925C142)STO 4 COST Oct-15 147 calls (COST151016C147) for a debit of $1.14 (selling a diagonal)

BTC 2 COST OCT1 15 142 calls (COST151002C142)STC 2 COST Jan-16 140 calls (COST160115C140) for a credit of $5.06  (selling a diagonal)

BTC 2 COST SEP4 15 145 calls (COST150925C145)
STO 2 COST Oct-15 148 calls (COST151016C148) for a credit of $.73  (selling a diagonal)

 BTC 4 COST OCT1 15 143 calls (COST151002C143)

STO 4 COST Oct4-15 148 calls (COST151023C148) for a debit of $1.68  (selling a diagonal)

 

BTO 6 COST Apr-16 145 calls (COST160415C145)
STC 6 COST Jan-16 140 calls (COST160115C140) for a credit of $.77  (buying a diagonal)

BTC 4 COST OCT2 15 144 calls (COST151009C144)
STO 4 COST OCT2 15 146 calls (COST151009C146) for a debit of $1.13  (buying a vertical)

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

 
Happy trading.

 

Terry