November 2, 2018 Terry’s Tips Trade Alert - Rising Tide Portfolio

These trades will get us set up for next week:

BTC 1 JNJ 2Nov18 140 call (JNJ181102C140)
STO 1 JNJ 9Nov18 143 call (JNJ181109C143) for a debit of $.25 (selling a diagonal)

BTC 1 JNJ 2Nov18 140 put (JNJ181102P140)
STO 1 JNJ 9Nov18 142 put (JNJ181109P142) for a credit of $2.03 (selling a diagonal)

BTC 1 JNJ 2Nov18 140 put (JNJ181102P140)
STO 1 JNJ 9Nov18 143 put (JNJ181109P143) for a credit of $2.60 (selling a diagonal)

BTO 1 JNJ 18Apr19 145 put (JNJ190418P145)
STC 1 JNJ 18Apr19 140 put (JNJ190418P140) for a debit of $2.59 (buying a vertical)

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

Happy trading.

Terry