November 23, 2018 Terry’s Tips Trade Alert Rising Tide Portfolio

These trades will get us set up for next week:

BTC 1 JNJ 23Nov18 148 call (JNJ181123C148) for $.02 (no commission)

BTC 2 JNJ 23Nov18 149 calls (JNJ181123C149) for $.03 (no commission)

STC 2 JNJ 18Apr19 150 calls (JNJ190418C150) for $2.95

BTC 2 JNJ 30Nov18 145 puts (JNJ181130P145)
STO 2 JNJ 30Nov18 143 puts (JNJ181130P143) for a debit of $1.55 (buying a vertical)

BTC 2 JNJ 30Nov18 145 puts (JNJ181130P145)
STO 2 JNJ 30Nov18 142 puts (JNJ181130P142) for a debit of $2.13 (buying a vertical)

BTC 2 JNJ 30Nov18 144 puts (JNJ181130P144)
STO 2 JNJ 30Nov18 141 puts (JNJ181130P141) for a debit of $1.79 (buying a vertical)

BTO 2 JNJ 18Apr19 140 puts (JNJ190418P140)
STC 2 JNJ 18Apr19 145 puts (JNJ190418P145) for a credit of $2.35 (selling a vertical)

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

Happy trading.

Terry