December 2, 2015  Trade Alert  -   JNJ Jamboree  Portfolio

We are a bit too long and we have free cash enough to add another spread:

 

BTC 2 JNJ DEC1 15 104 calls (JNJ151204C104)
STO 2 JNJ Dec-15 103 calls (JNJ151218C103) for a credit of $.84  (selling a diagonal)  

BTO 1 JNJ Apr-16 100 call (JNJ160415C100)
STO 1 JNJ DEC2 15 103 call (JNJ151211C103) for a debit of $4.60  (buying a diagonal)

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

 
Happy trading.

 

Terry