June 28, 2016  Trade Alert #2 -   JNJ Jamboree  Portfolio

We still need to get longer:

 

BTC 3 JNJ 01Jul16 116 calls (JNJ160701C116)
STO 3 JNJ 15Jul16 118 calls (JNJ160715C118) for a debit of $.68  (selling a diagonal)

BTC 1 JNJ 01Jul16 116 call (JNJ160701C116)
STC 1 JNJ 21Oct16 115 call (JNJ161021C115) for a credit of $3.54  (selling a calendar)

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

 
Happy trading.

 

Terry