June 3, 2016  Trade Alert #2 -   JNJ Jamboree  Portfolio

The stock is up while the overall market is down.  We should get longer:

 

BTC 3 JNJ 17Jun16 114 calls (JNJ160617C114)
STO 3 JNJ 10Jun16 115 calls (JNJ60610C115) for a debit of $.91  (buying a diagonal)    

BTO 1 JNJ 21Oct16 115 call (JNJ161021C115)
STC 1 JNJ 21Oct16 110 call (JNJ161021C110) for a credit of $3.22  (selling a vertical)

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

 
Happy trading.

 

Terry