September 30, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

These trades will get us set up for next week:

BTC 4 JNJ 30Sep16 119 calls (JNJ160930C119) for $.02 (no commission)

BTC 2 JNJ 30Sep16 120 calls (JNJ160930C120) for $.02 (no commission)

STO 2 JNJ 07Oct16 119 calls (JNJ161007C119) for $.48

STO 2 JNJ 14Oct16 119 calls (JNJ161014C119) for $.77

STO 2 JNJ 14Oct16 120 calls (JNJ161014C120) for $.39

BTC 2 JNJ 30Sep16 118 calls (JNJ160930C118)
STO 2 JNJ 07Oct16 118 calls (JNJ161007C118) for a credit of $.65  (selling a calendar)

BTC 2 JNJ 30Sep16 119 puts (JNJ160930P119)
STO 2 JNJ 07Oct16 119 puts (JNJ161007P119) for a credit of $.47  (selling a calendar)

BTC 2 JNJ 30Sep16 120 puts (JNJ160930P120)
STO 2 JNJ 07Oct16 118 puts (JNJ161007P118) for a debit of $1.03  (selling a diagonal)

BTO 4 JNJ 20Jan17 120 calls (JNJ170120C120)
STC 4 JNJ 21Oct16 120 calls (JNJ161021C120) for a debit of $1.71  (buying a calendar)

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

 
Happy trading.

 

Terry