Bullish option flow detected in Johnson & Johnson with 17,371 calls trading, 1.3x expected, and implied vol increasing over 1 point to 16.23%. Aug-24 160 calls and 7/26 weekly 155 calls are the most active options, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 0.27. Earnings are expected on October 15th.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JNJ:
- Under Armour downgraded, Snap upgraded: Wall Street’s top analyst calls
- Johnson & Johnson downgraded to Neutral from Outperform at Daiwa
- Johnson & Johnson seeks FDA approval of SPRAVATO
- Johnson & Johnson price target lowered to $155 from $160 at Goldman Sachs
- Johnson & Johnson price target lowered to $185 from $195 at TD Cowen