Bullish option flow detected in Johnson & Johnson with 18,660 calls trading, 3x expected, and implied vol increasing over 1 point to 17.88%. 1/12 weekly 165 calls and Jan-24 160 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.48. Earnings are expected on January 23rd.
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