August 3, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

These trades will increase theta and make us a little more neutral net delta:

 

BTC 2 JNJ 05Aug16 126 calls (JNJ160805C126) for $.03 (no commission)

STO 2 JNJ 12Aug16 124 calls (JNJ160812C124) for $.92

BTO 1 JNJ 20Jan17 125 call (JNJ170120C125)
STO 1 JNJ 19Aug16 124 call (JNJ160819C124) for a debit of $2.74  (buying a diagonal)

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

 
Happy trading.

 

Terry