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SSI: Ultra – Recommendation #7 – JNJ Bull Put Spread 

July 26, 2023

Ticker: JNJ

TRADE INSTRUCTIONS

Place the following trade for a CREDIT:

Sell to Open JNJ Sept 1 2023 $170 PUT and

Buy to Open JNJ Sept 1 2023 $160 PUT

Aim for a CREDIT of between $2.40 to $2.80 per contract. You will receive between $240 and $280 per contract traded in option premium as income into your account.

This is how the trade looks on Fidelit