October 11, 2016  Trade Alert -   JNJ Jamboree  Portfolio

We have now become too long.  These trades will help:

STO 1 JNJ 28Oct16 120 call (JNJ161028C121) for $.88 

BTC 3 JNJ 14Oct16 120 puts (JNJ161014P120)
STO 3 JNJ 21Oct16 118 puts (JNJ161021P118) for a debit of $.47  (selling a diagonal)

BTC 1 JNJ 21Oct16 122 call (JNJ161021C122)
STO 1 JNJ 28Oct16 120 call (JNJ161028C120) for a credit of $.64  (selling a diagonal)

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

 
Happy trading.

 

Terry