November 16, 2018 Terry’s Tips Trade Alert – Rising Tide Portfolio

These trades will set us up for next week:

BTC 1 JNJ 16Nov18 144 call (JNJ181116C144)
STO 1 JNJ 23Nov18 148 call (JNJ181123C148) for a debit of $1.25 (selling a diagonal)

BTC 2 JNJ 16Nov18 146 calls (JNJ181116C146)
STO 2 JNJ 23Nov18 147 calls (JNJ181123C147) for a credit of $.34 (selling a diagonal)

BTC 2 JNJ 23Nov18 143 puts (JNJ181123P143)
STO 2 JNJ 23Nov18 145 puts (JNJ181123P145) for a credit of $.51 (selling a vertical)

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

Happy trading.

Terry