Smart Money Is Betting Big In JNJ Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in Johnson & Johnson (NYSE:JNJ) options, with a mix of bullish and bearish sentiments. The options activity suggests a price window of $125.0 to $160.0 for JNJ. The stock is currently trading at $149.24, with an earnings announcement expected in 2 days. Analysts have mixed ratings, with a consensus target price of $205.0.
July 15, 2024 | 8:16 pm
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Significant options activity in Johnson & Johnson (NYSE:JNJ) indicates a price window of $125.0 to $160.0. The stock is currently trading at $149.24, with an earnings announcement expected in 2 days. Analysts have mixed ratings, with a consensus target price of $205.0.
The significant options activity, combined with the upcoming earnings announcement and mixed analyst ratings, suggests potential volatility and a likely upward movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100