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Johnson & Johnson call volume above normal and directionally bullish

Bullish option flow detected in Johnson & Johnson (JNJ) with 37,901 calls trading, 3x expected, and implied vol increasing over 2 points to 18.34%. Mar-26 220 calls and Apr-26 220 puts are the most active options, with total volume in those strikes near 25,600 contracts. The Put/Call Ratio is 0.30. Earnings are expected on April 14th.

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