Johnson & Johnson (JNJ) Offering Possible 17.65% Return Over the Next 14 Calendar Days

Johnson & Johnson's most recent trend suggests a bullish bias. One trading opportunity on Johnson & Johnson is a Bull Put Spread using a strike $126.00 short put and a strike $121.00 long put offers a potential 17.65% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $126.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock dropped below the $121.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Johnson & Johnson is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Johnson & Johnson is bullish.

The RSI indicator is at 25.34 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Johnson & Johnson

U.S. drugmaker J&J's India sales dip 3 percent in 2017/18: filing
Thu, 03 Jan 2019 08:23:28 +0000
Johnson & Johnson's (JNJ.N) sales in India dipped 3 percent in the year to March 2018, a regulatory filing showed on Thursday, as the U.S. drugmaker grappled with the country's stringent medical device pricing policies. The company, currently mired in a controversy surrounding the safety of its baby talcum powder, reported overall sales of 58.28 billion rupees ($829 million) in India for the year, its filing with the country's Ministry of Corporate Affairs shows. J&J's medical device sales in India have been hit following the federal government's move in 2017 to cap prices of devices such as orthopedic knee implants to help poor patients.

U.S. drugmaker Johnson & Johnson's India sales dip 3 percent in 2017/18 – filing
Thu, 03 Jan 2019 06:55:34 +0000
Johnson & Johnson's sales in India dipped 3 percent in the year to March 2018, a regulatory filing showed on Thursday, as the U.S. drugmaker grappled with the country's stringent medical device pricing policies. The company, currently mired in a controversy surrounding the safety of its baby talcum powder, reported overall sales of 58.28 billion rupees ($829 million) in India for the year, its filing with the country's Ministry of Corporate Affairs shows. J&J's medical device sales in India have been hit following the federal government's move in 2017 to cap prices of devices such as orthopaedic knee implants to help poor patients.

Should You Reinvest Dividends?
Wed, 02 Jan 2019 21:05:00 +0000
It's a bedrock question that every income investor must answer about their dividend-paying stocks.

[$$] Angel Medical Files for Bankruptcy
Wed, 02 Jan 2019 19:39:42 +0000
’s venture capital arm, filed for bankruptcy protection Monday with a plan to allow bondholders to swap their debt for equity. The Eatontown, N.J.-based company, which said it expects to begin selling its key product in 2019, said it filed its chapter 11 petition after it was unable to extend the maturity date on notes that came due on Monday. Angel has $64.5 million in debt, including $43 million in principal outstanding from three rounds of bond sales in recent years.

Portola Up as Large-Scale Andexxa Production Gets FDA Nod
Wed, 02 Jan 2019 14:25:02 +0000
Portola Pharmaceuticals (PTLA) announces FDA approval for large-scale Generation II manufacturing process for Andexxa to support commercial launch expected this month.

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