June 29, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

We have become negative net delta once again:

 

BTC 2 JNJ 01Jul16 117 calls (JNJ160701C117)
STO 2 JNJ 22Jul16 120 calls (JNJ160722C120) for a debit of $.86  (selling a diagonal)

BTC 3 JNJ 01Jul16 117 calls (JNJ160701C117)
STO 3 JNJ 15Jul16 119 calls (JNJ160715C119) for a debit of $.84  (selling a diagonal)

BTO 1 JNJ 21Oct16 120 call (JNJ161021C120)
STC 1 JNJ 21Oct16 115 call (JNJ161021C115) for a credit of $3.00  (selling a vertical)

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

 
Happy trading.

 

Terry