Unpacking the Latest Options Trading Trends in Johnson & Johnson
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Johnson & Johnson (JNJ) show a bullish stance among large investors, with 50% of trades being bullish. The options activity suggests a targeted price range of $155 to $170. Despite a slight decrease in stock price, analysts have set a target price of $215.
September 12, 2024 | 8:49 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Johnson & Johnson's options trading shows a bullish trend with significant investments targeting a price range of $155 to $170. Despite a slight dip in stock price, analysts have set a target price of $215, indicating potential upside.
The options trading data indicates a bullish sentiment among large investors, with significant investments in both calls and puts. The targeted price range of $155 to $170 suggests confidence in the stock's potential to rise. Additionally, the analyst target price of $215 supports a positive outlook, despite the current slight decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100