April 22, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

These trades will get us set up for next week:

 

BTC 2 JNJ APR4 16 110 calls (JNJ160422C110)
STO 2 JNJ May1-16 112 calls (JNJ160506C112) for a debit of $1.32  (selling a diagonal)

BTC 1 JNJ APR4 16 110 call (JNJ160422C110)
STO 1 JNJ Apr5-16 112 call (JNJ160429C112) for a debit of $1.62  (selling a diagonal)

BTC 1 JNJ APR4 16 111 call (JNJ160422C111)
STO 1 JNJ Apr5-16 112 call (JNJ160429C112) for a debit of $.62  (selling a diagonal)

BTO 2 JNJ Jul-16 115 calls (JNJ160715C115)
STC 2 JNJ Jul-16 110 calls (JNJ160715C110) for a credit of $2.81  (selling a vertical)

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

 
Happy trading.

 

Terry