October 14, 2016  Trade Alert #2 -   JNJ Jamboree  Portfolio

This small tweak will make us less long and add to theta:

 

BTC 1 JNJ 21Oct16 121 call (JNJ161021C121)
STO 1 JNJ 21Oct16 119 call (JNJ161021C119) for a credit of $.50  (selling a vertical)

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

 
Happy trading.

 

Terry