April 19, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

We have become negative net delta:

 

BTC 3 JNJ APR4 16 109 calls (JNJ160422C109)
STC 3 JNJ Jul-16 105 calls (JNJ160715C105) for a credit of $4.44  (selling a diagonal)

BTC 3JNJ APR4 16 109 calls (JNJ160422C109)
STO 3 JNJ Apr5-16 113 calls (JNJ160429C113) for a debit of $3.05  (selling a diagonal)

BTC 3 JNJ APR4 16 110 calls (JNJ160422C110)
STO 3 JNJ Apr5-16 114 calls (JNJ160429C114) for a debit of $2.60  (selling a diagonal)

BTC 4 JNJ APR4 16 110 calls (JNJ160422C110)
STO 4 JNJ May1-16 114 calls (JNJ160506C114) for a debit of $2.40  (selling a diagonal)

BTO 2 JNJ Jul-16 115 calls (JNJ160715C115)

STC 2 JNJ Jul-16 105 calls (JNJ160715C105) for a credit of $6.95  (selling a vertical)

 

STC 1 JNJ Jul-16 110 call (JNJ160715C110) for $4.60

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

 
Happy trading.

 

Terry