Dear Friend,
The Saturday Report had incorrect strike prices for the Better Odds Than Vegas JNJ trade we will make today. The correct trade should be
BTO 10 JNJ Jan-17 95 puts (JNJ170120P95) STO 10 JNJ Jan-17 100 puts (JNJ170120P100) for a credit of $1.75 (selling a vertical)
The other trades were correct:
BTO 10 FB Jan-17 100 puts (FB170120P100) STO 10 FB Jan-17 105 puts (FB170120P105) for a credit of $2.40 (selling a vertical)
BTO 10 AAPL Jan-17 100 puts (AAPL170120P100) STO 10 AAPL Jan-17 105 puts (AAPL170120P105) for a credit of $2.35 (selling a vertical)
Markets are opening much lower today. We should be able to get better prices than the above.
Happy trading.
Terry
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