June 28, 2016  Trade Alert  #3 -   JNJ Jamboree  Portfolio

We have become negative net delta once again:

 

BTC 1 JNJ 8Jul16 114 call (JNJ160708C114)
STC 1 JNJ 21Oct16 110 call (JNJ161021C110) for a credit of $5.17  (selling a diagonal)

BTC 3 JNJ 1Jul16 116 calls (JNJ160701C116)
STO 3 JNJ 15Jul16 119 calls (JNJ160715C119) for a debit of $1.46  (selling a diagonal)

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

 
Happy trading.

 

Terry