September 6, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

We have become negative net delta:

 

BTC 2 JNJ 09Sep16 119 calls (JNJ160909C119)
STO 2 JNJ 16Sep16 120 calls (JNJ160916C120) for a debit of $.35  (selling a diagonal)

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

 
Happy trading.

 

Terry