January 25, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

Earnings will be announced prior to the market open tomorrow so we should collect some premium will option prices remain high:

 

BTC 2 JNJ JAN5 16 102 calls (JNJ160129C102) for $.03 (no commission)

BTO 4 JNJ Apr-16 97.5 calls (JNJ160415C97.5)
STC 4 JNJ Apr-16 100 calls (JNJ160415C100) for a debit of $1.08  (buying a vertical)

STO 2 JNJ JAN5 16 98 calls (JNJ160129C98) for $.43

STO 1 JNJ Feb1-16 98 calls (JNJ160205C98) for $.77 

STO 2 JNJ Feb2-16 97.5 call (JNJ160212C97.5) for $1.24

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

 
Happy trading.

 

Terry