“Options 101 what are puts”
JNJ stock has bearish technical momentum targeting 245; however, the trade thesis was abandoned due to unfavorable options metrics (high IV, low delta, bullish put/call ratio).
Okay, guys. Today, I have a great setup on Johnson & Johnson. The code is JNJ. Okay, guys. With Johnson & Johnson in the picture, I want you to focus on this particular part. It has been experiencing selling pressure over the past four days, with a slight rebound today during daily trading, turning green, but it is heading downwards.