October 28, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

These trades will get us set up for next week:

 

STC 1 JNJ 20Jan17 120 call (JNJ170120C120) for $1.08

 BTC 2 JNJ 28Oct16 115 puts (JNJ161028P115) for $.04 (no commission)

STO 2 JNJ 04Nov16 115 puts (JNJ161104P115) for $.69

BTC 2 JNJ 28Oct16 115 calls (JNJ161028C115)
STO 2 JNJ 04Nov16 116 calls (JNJ161104C116) for a credit of $.15  (selling a diagonal)

BTO 1 JNJ 20Jan17 115 put (JNJ170120P115)
STO 1 JNJ 04Nov16 115 put (JNJ161104P115) for a debit of $2.55  (buying a calendar)

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

 
Happy trading.

 

Terry