Johnson & Johnson call volume above normal and directionally bullish
The Fly

Johnson & Johnson call volume above normal and directionally bullish

Bullish option flow detected in Johnson & Johnson with 18,660 calls trading, 3x expected, and implied vol increasing over 1 point to 17.88%. 1/12 weekly 165 calls and Jan-24 160 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.48. Earnings are expected on January 23rd.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on JNJ:

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App