September 5, 2014 Trade Alert - Rising Tide Portfolio

We need to get longer and increase theta:

BTC 1 COST Sep-14 121 call  (COST140920C121)
STC 1 COST Jan-15 118 call (COST150117C118) for a credit of $3.90  (selling a diagonal)

BTC 1 COST Sep-14 121 call  (COST140920C121)
STC 1 COST Jan-15 120 call (COST150117C120) for a credit of $2.40  (selling a diagonal)

BTC 2 COST Sep-14 123 calls (COST140920C123)
STO 2 COST Sep-14 127 calls (COST140920C127) for a debit of $3.10  (buying a vertical)

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