Johnson & Johnson Options Trading: A Deep Dive into Market Sentiment

Recent activity among major financial players indicates a strong shift toward bearish sentiment regarding Johnson & Johnson (NYSE: JNJ). Our comprehensive analysis of options trading patterns for Johnson & Johnson has uncovered ten noteworthy transactions.

Upon closer examination of these trades, we discovered that only 20% of participants were optimistic (bullish) about the stock, while a significant 80% leaned towards pessimism (bearish). Among the trades identified, six involved put options—worth a total of $272,347—while four were call options, totaling $162,746.

Predicted Price Range

The current trading trends suggest that influential investors are targeting a pricing range of $130 to $180 for Johnson & Johnson over the past three months.

Volume & Open Interest Trends

Evaluating the volume and open interest of options is crucial for traders in the market. These indicators provide insight into the liquidity and level of investor interest regarding Johnson & Johnson's options at various strike prices. The following data illustrates the changes in volume and open interest for both calls and puts relating to substantial trades for Johnson & Johnson, spanning a strike price range from $130 to $180 during the last 30 days.

Johnson & Johnson Call and Put Volume: 30-Day Overview

This overview serves as a crucial tool for understanding the dynamics between call and put options.

Significant Options Trades Detected:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
JNJ	CALL	SWEEP	BEARISH	02/21/25	$5.8	$5.55	$5.55	$145.00	$55.5K	140	102
JNJ	PUT	SWEEP	BEARISH	02/21/25	$9.85	$9.65	$9.85	$155.00	$52.2K	3.4K	105
JNJ	PUT	TRADE	BULLISH	02/21/25	$10.25	$10.0	$10.0	$155.00	$50.0K	3.4K	205
JNJ	PUT	TRADE	BEARISH	02/21/25	$9.9	$9.65	$9.9	$155.00	$49.5K	3.4K	155
JNJ	PUT	TRADE	BEARISH	02/21/25	$9.9	$9.7	$9.9	$155.00	$49.5K	3.4K	52

About Johnson & Johnson

Johnson & Johnson is recognized as the largest and most diversified healthcare corporation globally. The company operates primarily in two sectors: pharmaceuticals and medical devices. Following the divestiture of its consumer business, Kenvue, in 2023, the pharmaceutical and medical device operations now comprise all of its sales. The pharmaceutical division focuses on various therapeutic areas, including immunology, oncology, neurology, pulmonary conditions, cardiology, and metabolic diseases. Notably, over 50% of the company's revenue is generated within the United States.

Given the recent developments in options trading for Johnson & Johnson, it is crucial to assess the company's current standing.

Current Position of Johnson & Johnson

• Trading volume is currently at 3,379,283, with JNJ's stock price slightly down by -0.06%, resting at $146.15.
• Relative Strength Index (RSI) indicates that the stock might be entering an oversold condition.
• An earnings announcement is anticipated within the next 40 days.

Professional Analyst Ratings for Johnson & Johnson

Recently, three analysts have issued ratings for this stock, revealing a consensus target price of $177.0.

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* An analyst from Citigroup has maintained a Buy rating for Johnson & Johnson with a target price of $175. In contrast, B of A Securities has taken a more cautious approach, downgrading its rating to Neutral with a target price of $166. Meanwhile, Wolfe Research has shown concern and lowered its rating to Outperform, adjusting the target price to $190.

Engaging in options trading carries inherent risks along with potential rewards. Savvy traders manage these risks by continually learning, refining their strategies, monitoring various indicators, and staying attuned to market fluctuations. Remain informed about the latest options trades concerning Johnson & Johnson through real-time alerts.Options, Trading, Market