November 4, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

These trades will get us set up for next week:

BTC 1 JNJ 04Nov16 115 call (JNJ161104C115)
STO 1 JNJ 11Nov16 115 call (JNJ161111C115) for a credit of $1.08  (selling a calendar)

BTC 3 JNJ 04Nov16 115 puts (JNJ161104P115) for $.03 (no commission)

STO 3 JNJ 11Nov16 115 puts (JNJ161111P115) for $1.10

BTC 2 JNJ 04Nov16 116 calls (JNJ161104C116) for $.03 (no commission)

STO 2 JNJ 11Nov16 116 calls (JNJ161111C116) for $1.07

BTC 2 JNJ 04Nov16 116 puts (JNJ161104P116)

STO 2 JNJ 11Nov11 116 puts (JNJ161111P116) for a credit of $1.04  (selling a calendar)

 

BTO 3 JNJ 21Apr17 115 calls (JNJ170417C115)

STC 3 JNJ 20Jan17 120 calls (JNJ170120C120) for a debit of $3.68  (buying a diagonal)

STO 3 JNJ 11Nov16 115 calls (JNJ161111C115) for $1.62 

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

 
Happy trading.

 

Terry