February 18, 2016  Trade Alert #2  -   JNJ Jamboree  Portfolio

The stock has moved even higher and we should roll this call over to avoid being responsible for the $.75 dividend payable tomorrow:

 

BTC 1 JNJ Feb-16 104 call (JNJ160219C104)
STO 1 JNJ Feb4-16 105 call (JNJ160226C105) for a debit of $.11  (selling a diagonal)

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

 
Happy trading.

 

Terry