May 16, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

We have enough cash to roll out some long calls to October:

 

BTO 2 JNJ 21Oct16 115 calls (JNJ161021C115)
STC 2 JNJ 15Jul16 115 calls (JNJ160715C115) for a debit of $1.69  (buying a calendar)

STO 1 JNJ 10Jun16 115 call (JNJ160610C115) for $.65

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

 
Happy trading.

 

Terry