Buying lophirs in top performing stocks in top performing sectors (Health, Industrial, Consumer Staples). Set GTC orders to close positions at 70% profit based on credit received. There is some earnings risk on MMM and JNJ but not on WMT. Hope to be out of these positions before earnings.
BOT MMM Oct26 1/-2/-1/2 212.5/210/205/197.5 puts @-1.90
BOT JNJ Oct26 1/-2/-1/2 140/139/136/133 puts x2 @-.82
BOT WMT Oct26 1/-2/-1/2 94.5/93.5/92/88.5 puts x2 @-.80