Quantchabot has detected a new Bull Call Spread trade opportunity for JOHNSON & JOHNSON (JNJ) for the 10-Jul-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
JNJ was recently trading at $268.43 and has an implied volatility of 25.87% for this period. Based on an analysis of the options available for JNJ expiring on 10-Jul-2026, there is a 34.69% likelihood that the underlying will close within the analyzed range of $268.53-$275.58 at expiration. In this scenario, the average linear return for the trade would be 11.29%.
52 week high: JOHNSON & JOHNSON recently reached a new 52-week high at $269.43. JNJ had traded in the range $154.21-$263.10 over the past year.
Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if JNJ maintains its current direction and does not revert back to pricing on the bearish side of $268.43 on 10-Jul-2026. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bullish strategy, the trade would be profitable if JOHNSON & JOHNSON closes at or above $267.55 on 10-Jul-2026. Based on our risk-neutral analysis, there is a 55.69% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
Leave a Reply
You must be logged in to post a comment.