September 28, 2015  Trade Alert -  Rising Tide  Portfolio

We can collect some extra premium and still remain sufficiently long in case the market moves higher:

 

BTC 2 COST OCT2 15 148 calls (COST151009C148)STO 2 COST Oct1-15 145 calls (COST151002C145) for a credit of $.65  (buying a diagonal)

BTC 2 COST OCT-15 148 calls (COST151016C148)STO 2 COST Oct1-15 145 calls (COST151002C145) for a credit of $.35  (buying a diagonal)

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

 
Happy trading.

 

Terry