Notable profits for the buyer who lifted the $0.79 offer for 5,615 Johnson & Johnson (JNJ) 2/3 weekly 162.5 puts yesterday at 11:18ET when underlying shares were trading at $166.47. Shares closed at $162.00, and the puts at $1.86 for a mark-to-market profit of 135%, or $599K, on the $443K outlay.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on JNJ: