June 6, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

We have become negative net delta:

 

BTC 3 JNJ 10Jun16 114 calls (JNJ160610C114)
STO 3 JNJ 1Jul16 116 calls (JNJ160701C116) for a debit of $.62  (selling a diagonal)

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

 
Happy trading.

 

Terry