December 28, 2015  Trade Alert  -   JNJ Jamboree  Portfolio

We need to sell some premium and roll down to some lower strikes:

 

BTO 2 JNJ Apr-16 100 calls (JNJ160415C100)
STC 2 JNJ Apr-16 105 calls (JNJ160415C105) for a debit of $2.87  (buying a vertical)

STO 2 JNJ DEC5 15 104 calls (JNJ151231C104) for $.26

STO 2 JNJ Jan2-16 104 calls (JNJ160108C104) for $.58

STO 1 JNJ Jan-16 105 call (JNJ160115C105) for $.55

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

 
Happy trading.

 

Terry