November 1, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

These trades will increase theta and make us a little less long:

 

BTO 1 JNJ 20Jan17 115 call (JNJ170120C115)
STC 1 JNJ 20Jan17 120 call (JNJ170120C120) for a debit of $2.02  (buying a vertical)

STO 2 JNJ 11Nov16 116 calls (JNJ161111C116) for $1.08

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

 
Happy trading.

 

Terry