Financial giants have made a conspicuous bearish move on Johnson & Johnson. Our analysis of options history for Johnson & Johnson (NYSE:JNJ) revealed 25 unusual trades.

Delving into the details, we found 24% of traders were bullish, while 56% showed bearish tendencies. Out of all the trades we spotted, 10 were puts, with a value of $757,641, and 15 were calls, valued at $1,152,391.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $165.0 to $220.0 for Johnson & Johnson during the past quarter.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Johnson & Johnson's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Johnson & Johnson's substantial trades, within a strike price spectrum from $165.0 to $220.0 over the preceding 30 days.

Johnson & Johnson 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

About Johnson & Johnson

After a thorough review of the options trading surrounding Johnson & Johnson, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is Johnson & Johnson Standing Right Now?

• With a volume of 8,802,438, the price of JNJ is down -0.48% at $189.99.
• RSI indicators hint that the underlying stock may be overbought.
• Next earnings are expected to be released in 0 days.

Expert Opinions on Johnson & Johnson

5 market experts have recently issued ratings for this stock, with a consensus target price of $206.2.

Turn $1000 into $1270 in just 20 days?

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Johnson & Johnson, Benzinga Pro gives you real-time options trades alerts.