July 1, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

We have enough cash to make this trade which will net us a little more theta:

 

BTC 1 JNJ 15Jul16 119 call (JNJ160715C119)
STO 1 JNJ 15Jul16 122 call (JNJ160715C122) for a debit of $1.94  (buying a vertical)

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

 
Happy trading.

 

Terry