← Back to Results BZ Pro Unusual Options Activity Market Events (1).csv  ·  Jun 25, 2026 8:49 AM
JNJ STRONG BUY PUT ⚡ 50
2 trades · $1.56M total premium · largest $1.31M
👁 WATCH
BiasBEARISH HEDGE FLOW
Confidence69 / 100
Best SetupCALL 240.00 · 2026-08-21
TimeframeSwing Trade (1–3 months)
ReadinessMedium
WHY WE LIKE IT
2/2 trades appear to be new opening positions
Flow spans 2 different expiries — deliberate, staged accumulation
$1.56M total flow — significant institutional footprint
BIGGEST RISK
⚠ Call selling dominates — may cap upside if this is covered call writing
· 1/2 trades are D/F grade — low conviction flow
· More put premium SOLD than bought — cash-secured puts, not directional
BEARISH HEDGE FLOW
Swing Trade (1–3 months)
69
MEDIUM CONFIDENCE
SUGGESTED TRADE
BTO JNJ $245P 7/17/26 @ M (scale in)
ENTRYBelow $243.77
·
STOPAbove $252.34 (+3%)
·
TARGET$227.84 (−7.0% required)
WHY
2/2 trades appear to be new opening positions
Flow spans 2 different expiries — deliberate, staged accumulation
$1.56M total flow — significant institutional footprint
▼ BEARISH -83.9 BULLISH ▲
$258.10 ▲ 1.35%
UPTREND
+11.9% vs MA50 +18.8% vs MA200
MA20 $234.36
MA50 $230.66
MA200 $217.34
52W $152.01
$254.66
Support $245 $240
RSI(14) 72.0 NEUTRAL
MACD 3.843 / 2.087 BULLISH
VOL 5/20 1.18x FLAT
STRONG_CONFIRMING Chart Confirmation (30m)
Calls Bought
$0
0 trades
Calls Sold
$1.31M
1 trade
Puts Bought
$0
0 trades
Puts Sold
$250K
1 trade
GradeDateExpiryStrikeTypeDirSentimentPremium$/ContLive $VolOIContract
C 2026-06-24 09:43:30 AM 2026-08-21 240.00 CALL SELL BEARISH $1.31M $12.70 1064 1270 SWEEP
D 2026-06-28 03:51:43 PM 2026-07-17 245.00 PUT SELL BEARISH $250K $2.45 2199 150 TRADE
Flow by Expiry
Expiry DTE Trades Bull% Bull $ Bear $ $/Cont Sweeps Bias Suggested Trade
7/17 18 1
0%
$250K $2.45 BEARISH
8/21 53 1
0%
$1.31M $12.70 ×1 BEARISH BTO JNJ $240P 8/21/26 @ M
C/P Premium Ratio
5.24
Calls / Puts
1 / 1
Sweeps / Blocks
1 / 0
Bull / Bear
0 / 2
Avg Vol/OI
3.82
Avg DTE
39d
▮ Calls 84% Premium Split Puts 16% ▮
▮ Bullish 0% Sentiment Bearish 100% ▮
Flow by Timeframe
Scalp
0–7 DTE
No flow
Swing
8–90 DTE
$1.56M
2 trades
BEARISH
0% bull · 0% bought
Position
90+ DTE
No flow
Flow Strike Zones
Contested range $240.00–$245.00 · Mixed flow
■ Buy $245.00–$245.00 ■ Resistance $240.00–$240.00 | Spot $244.99
Top Contracts to Consider
CALL SELL SWEEP×1
240.00 · 2026-08-21 · $1.31M · Vol/OI 0.8x · 58 DTE
1 sweep
PUT SELL
245.00 · 2026-07-17 · $250K · Vol/OI 6.8x · 19 DTE
Vol/OI 6.8x
Show 2 individual trades
Filter:
Grade Date Expiry Strike TypeActionSentimentPremium $/ContLive $ VolumeOIVol/OIContractSpot
D OPEN 2026-06-28 03:51:43 PM 2026-07-17 245.00 PUT SELL BEARISH $250K $2.45 2199 150 6.80 TRADE 257.84
C OPEN 2026-06-24 09:43:30 AM 2026-08-21 240.00 CALL SELL BEARISH $1.31M $12.70 1064 1270 0.83 SWEEP 244.99
News & Filings
Date Type Headline
Jun 28 BZ Wire CDC Raises Its Response Level To Congo Ebola Outbreak To Level 1 Activation, Its Highest Level; Says Risk Of Ebola Spreading In The U.S. Remains Low
Jun 28 Press Release Johnson & Johnson presents new IMAAVY® (nipocalimab-aahu) data at European Academy of Neurology (EAN) 2026 Congress reinforcing sustained disease control in generalized myasthenia gravis