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

We will start with these trades and see how much cash we have remaining to add more:

BTO 3 JNJ 18Apr19 140 calls (JNJ190418C140)

STO 3 JNJ 9Nov18 140 calls (JNJ181109C140) for a debit of $4.60  (buying a calendar) 

 

BTO 3 JNJ 18Apr19 140 puts (JNJ190418P140)

STO 3 JNJ 9Nov18 140 puts (JNJ181109P140) for a debit of $4.58  (buying a calendar) 

 

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

 

Happy trading.

Terry