#Earnings #IronButterfly Getting the surge we wanted on JNJ at the last minute. We can get out now for less than max loss… Just put a .15 trailing stop on the option price to close the 115 short puts. At the moment I will be stopped at 1.73, but I hope it goes down from here (meaning stock continues UP).

(Sold the Jan 27th 113/115/117 iron butterfly for 1.35 on Monday)