August 26, 2016  Trade Alert  #2 -   JNJ Jamboree  Portfolio

These trades will finish getting us set up for next week:  

 

BTC 1 JNJ 26Aug16 119 put (JNJ160826P119)
STO 1 JNJ 02Sep16 119 put (JNJ160902P119) for a credit of $.66  (selling a calendar)

BTC 1 JNJ 26Aug16 119 put (JNJ160826P119)
STO 1 JNJ 02Sep16 118 put (JNJ160902P118) for a credit of $.32  (selling a diagonal)

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

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Happy trading.

 

Terry