September 16, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

We have become negative net delta and this will help a little:

 

BTC 1 JNJ 23Sep16 117 call (JNJ160923C117)
STO 1 JNJ 30Sep16 119 call (JNJ160930C119) for a debit of $1.12  (selling a diagonal)

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

 
Happy trading.

 

Terry