July 29, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

These trades will start getting us set up for next week:

 

BTC 2 JNJ 29Jul16 123 calls (JNJ160729C123)
STO 2 JNJ 12Aug16 123 calls (JNJ160812C123) for a credit of $.33  (selling a calendar)

BTC 2 JNJ 29Jul16 123 calls (JNJ160729C123)
STO 2 JNJ 12Aug16 125 calls (JNJ160812C125) for a debit of $1.07  (selling a diagonal) )   

BTC 4 JNJ 29Jul16 124 calls (JNJ160729C124)
STO 4 JNJ 05Aug16 124 calls (JNJ160805C124) for a credit of $.30  (selling a calendar)

BTC 2 JNJ 29Jul16 126 calls (JNJ160729C126) for $.02 (no commission)

STO 2 JNJ 12Aug16 126 calls (JNJ160812C126) for $.55

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

 
Happy trading.

 

Terry