October 30, 2018 Terry’s Tips Trade Alert #2 – Rising Tide  Portfolio 

We will have enough cash to add these spreads:

BTO 2 JNJ 18Apr19 140 calls (JNJ190418C140)

STO 2 JNJ 2Nov18 140 calls (JNJ181102C140) for a debit of $5.40  (buying a calendar) 

 

BTO 2 JNJ 18Apr19 140 puts (JNJ190418P140)

STO 2 JNJ 2Nov18 140 puts (JNJ181102P140) for a debit of $5.40  (buying a calendar) 

 

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

 

Happy trading.

Terry