September 9, 2016  Trade Alert  -   JNJ Jamboree  Portfolio

These trades will get us set up for next week:

 

BTC 2 JNJ 09Sep16 120 calls (JNJ160909C120) for $.02 (no commission)

STO 2 JNJ 16Sep16 119 calls (JNJ160916C119) for $1.00

BTC 2 JNJ 09Sep16 119 puts (JNJ160909P119)
STO 2 JNJ 23Sep16 119 puts (JNJ160923P119) for a credit of $.94  (selling a calendar)

BTC 2 JNJ 09Sep16 121 puts (JNJ160909P121)
STO 2 JNJ 16Sep16 119 puts (JNJ160916P119) for a debit of $1.36  (selling a diagonal)

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

 
Happy trading.

 

Terry