Johnson & Johnson
Long
Updated

JNJ Long

355
Demand Zone

Long 152.40
Stop 145
Target 162, 173

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active
BuyToOpen Sep Call butterfly C160/175/185 (C160 Delta 0.42 )
Limit 2.6
Trade closed manually
near expiration. JNJ price 166.90, Closed C160/175/185, market price 6.84. Win 4.24.

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