JNJ January 290 calls: repeat buyers back relative strength

Buy January $290 calls in very small size. Buyers paid $360K at the ask across two sessions, while this contract's open interest rose about 11% over its recent history. Shares are rising against a falling market and holding a strong weekly trend after raised guidance. The rally is extended, and a failed gap or legal headlines could erase the premium.

• JNJ, long call, 3-8 weeks, opened Oct 30, 2026. It closed at -25.4%.

Updated 2026-11-02 17:12 UTC