December 30, 2015  Trade Alert  -   JNJ Jamboree  Portfolio

We can collect some premium and roll out of these calls which have essentially no premium remaining:

 

BTC 3 JNJ DEC5 15 102 calls (JNJ151231C102)
STO 3 JNJ Jan4-16 104 calls (JNJ160122C104) for a debit of $.77  (selling a diagonal)

STO 2 JNJ Jan4-16 105 calls (JNJ160122C105) for $.77

 

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

 
Happy trading.

 

Terry