August 2, 2013 Trade Alert - Terry’s Trades Portfolio

Green Mountain Coffee option prices for next week are extremely high going into next week’s earnings announcement and this should be a safe bet:

BTO 1 GMCR Sep-13 70 call (GMCR130921C70)
STO 1 GMCR Aug2-13 80 call (GMCR130809C80) for a debit of $7.45  (buying a diagonal)

BTO 1 GMCR Sep-13 70 call (GMCR130921C70)
STO 1 GMCR Aug2-13 82.5 call (GMCR130809C82.5) for a debit of $8.50  (buying a diagonal)

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