February 19, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

If you were assigned stock due to the short Feb4-16 102 calls, buy the stock and also sell the requisite number of Mar1-16 104 calls as a covered write for a debit of $102.35. 

 

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

 
Happy trading.

 

Terry