November 2, 2015 Trade Alert -   JNJ Jamboree  Portfolio

These are our initial positions for this new portfolio.  There are no options available at the 101 – 104 strikes in the April series so we will have to work with diagonal spreads:

 

BTO 2 JNJ Apr-16 100 calls (JNJ160415C100)

STO 2 JNJ Nov2-15 102 calls (JNJ151113C102) for a debit of $4.07  (buying a diagonal)

 

BTO 2 JNJ Apr-16 105 calls (JNJ160415C105)

STO 2 JNJ Nov2-15 103 calls (JNJ151113C103) for a debit of $2.05  (buying a diagonal)

 

BTO 2 JNJ Apr-16 100 calls (JNJ160415C100)

STO 2 JNJ Nov-15 102 calls (JNJ151120C102) for a debit of $3.86  (buying a diagonal)

 

BTO 2 JNJ Apr-16 105 calls (JNJ160415C105)

STO 2 JNJ Nov-15 103 calls (JNJ151120C103) for a debit of $1.87  (buying a diagonal)

 

BTO 2 JNJ Apr-16 100 calls (JNJ160415C100)

STO 2 JNJ Nov4-15 102 calls (JNJ151127C102) for a debit of $3.86  (buying a diagonal)

 

BTO 2 JNJ Apr-16 105 calls (JNJ160415C105)

STO 2 JNJ Nov4-15 103 calls (JNJ151127C103) for a debit of $1.85  (buying a diagonal)

 

BTO 2 JNJ Apr-16 100 calls (JNJ160415C100)

STO 2 JNJ Dec1-15 102 calls (JNJ151204C102) for a debit of $3.77  (buying a diagonal)

 

BTO 2 JNJ Apr-16 105 calls (JNJ160415C105)

STO 2 JNJ Dec1-15 103 calls (JNJ151204C103) for a debit of $1.66  (buying a diagonal)

 

BTO 1 JNJ Apr-16 100 call (JNJ160415C100)

STO 1 JNJ Dec1-15 104 calls (JNJ151204C104) for a debit of $4.46  (buying a diagonal)

 

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

 
Happy trading.

 

Terry