August 19, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

These trades will get us set up for next week:

 

BTC 3 JNJ 19Aug16 122 calls (JNJ160819C122) for $.01 (no commission)

STO 2 JNJ 26Aug16 120 calls (JNJ160826C120) for $.50

BTC 1 JNJ 19Aug16 122 put (JNJ160819P122)
STO 1 JNJ 26Aug16 119 put (JNJ160826P119) for a debit of $1.98  (selling a diagonal)

BTC 1 JNJ 19Aug16 120 put (JNJ160819P120)
STO 1 JNJ 26Aug16 119 put (JNJ160826P119) for a debit of $.01  (selling a diagonal)

BTC 2 JNJ 19Aug16 120 puts (JNJ160819P120)
STO 2 JNJ 26Aug16 120 puts (JNJ160826P120) for a credit of $.44  (selling a calendar)

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

 
Happy trading.

 

Terry