December 7, 2015  Trade Alert  -   JNJ Jamboree  Portfolio

We need to trade out of these in-the-money short calls:

 

BTC 2 JNJ DEC2 15 101 calls (JNJ151211C101)
STO 2 JNJ Dec4-15 105 calls (JNJ151224C105) for a debit of $1.83  (selling a diagonal)

BTO 2 JNJ Apr-16 105 calls (JNJ160415C105)
STC 2 JNJ Apr-16 100 calls (JNJ160415C100) for a credit of $2.84  (selling a vertical)

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

 
Happy trading.

 

Terry