March 11, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

These trades will get us set up for next week:

 

BTC 2 JNJ MAR2 16 105 calls (JNJ160311C105)
STO 2 JNJ Mar4-16 108 calls (JNJ160325C108) for a debit of $1.63  (selling a diagonal)

BTC 2 JNJ MAR2 16 106 calls (JNJ160311C106)
STO 2 JNJ Apr1-16 109 calls (JNJ160401C109) for a debit of $.76  (selling a diagonal)

BTC 1 JNJ MAR2 16 107 call (JNJ160311C107)STC 1 JNJ Jul-16 100 call (JNJ160715C100) for a credit of $8.14  (selling a diagonal)

BTC 1 JNJ Mar-16 106 call (JNJ160318C106)
STO 1 JNJ Mar-16 108 call (JNJ160318C108) for a debit of $1.41  (buying a vertical)

BTO 1 JNJ Jul-16 105 call (JNJ160715C105)
STC 1 JNJ Apr-16 105 call (JNJ160415C105) for a debit of $1.80  (buying a calendar)

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

 
Happy trading.

 

Terry