JNJ options flow: unusual options activity in Johnson & Johnson
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 67 unusual options prints in Johnson & Johnson (JNJ), $5.9M of tracked premium, close to even between bullish and bearish premium. Bullish premium was $2.3M against $1.8M bearish; $3.7M went into calls and $2.1M into puts, a put call ratio of 0.57. The largest print was $595K of JNJ 19 Mar 2027 $290 calls on 23 September 2026, swept at ask. The last session with prints, 28 September 2026, added 2 prints and $226K of premium. JNJ closed at $271.22 on 25 September 2026, up 0.2%.
This week's unusual flow
Prints from 21 September 2026 to 28 September 2026, 6 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.
Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.
Largest prints of the week
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 23 Sep 2026 | JNJ 19 Mar 2027 $290 calls | Sweep | 458 | 1,872 | $595K | At ask | Neutral | Notable |
| 23 Sep 2026 | JNJ 15 Jan 2027 $280 calls | Sweep | 458 | 4,476 | $574K | At bid | Bearish | Notable |
| 22 Sep 2026 | JNJ 25 Sep 2026 $265 puts | Trade | 2,854 | 5,915 | $568K | At bid | Bullish | Notable |
| 22 Sep 2026 | JNJ 16 Oct 2026 $270 puts | Sweep | 300 | 539 | $231K | At bid | Bullish | High conviction |
| 28 Sep 2026 | JNJ 17 Dec 2027 $175 calls | Sweep | 19 | 449 | $195K | At ask | Neutral | |
| 24 Sep 2026 | JNJ 21 Jan 2028 $250 calls | Sweep | 38 | 769 | $194K | At ask | Bullish | Notable |
| 24 Sep 2026 | JNJ 17 Jun 2027 $250 puts | Trade | 150 | 742 | $186K | At bid | Neutral | |
| 22 Sep 2026 | JNJ 25 Sep 2026 $265 puts | Trade | 1,053 | 5,915 | $182K | At bid | Bullish | |
| 22 Sep 2026 | JNJ 18 Dec 2026 $290 puts | Trade | 50 | 9 | $135K | At ask | Bearish | Notable |
| 24 Sep 2026 | JNJ 17 Sep 2027 $260 puts | Trade | 69 | 33 | $129K | At bid | Bullish | Notable |
| 25 Sep 2026 | JNJ 17 Dec 2027 $230 calls | Sweep | 20 | 82 | $117K | At ask | Bullish | Notable |
| 25 Sep 2026 | JNJ 21 Jan 2028 $280 calls | Sweep | 35 | 933 | $112K | At ask | Bullish | Notable |
Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.
Where the money is aimed
| Expiry | Prints | Premium | Calls share | Net premium |
|---|---|---|---|---|
| 25 Sep 2026 | 5 | $891K | 0% | +$635K |
| 15 Jan 2027 | 6 | $827K | 100% | -$500K |
| 16 Oct 2026 | 10 | $697K | 56% | +$111K |
| 21 Jan 2028 | 7 | $597K | 100% | +$287K |
| 19 Mar 2027 | 1 | $595K | 100% | +$0 |
| 17 Dec 2027 | 7 | $534K | 75% | +$88K |
The most premium, $891K, is aimed at the 25 Sep 2026 expiry.
A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.
The last session, 28 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 28 Sep 2026 | JNJ 17 Dec 2027 $175 calls | Sweep | 19 | 449 | $195K | At ask | Neutral | |
| 28 Sep 2026 | JNJ 15 Jan 2027 $270 calls | Sweep | 19 | 3,167 | $30K | At bid | Neutral |
Every print in JNJ with its full detail, the live tape, one tap filters and saved screeners: open JNJ in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open JNJ in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 13 firms, have a median of $287, 5.8% above the last close.
Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.
About Johnson & Johnson
- Exchange
- NYSE
- Sector
- Health Care
- Industry
- Pharmaceutical Products
- Headquarters
- New Brunswick, New Jersey
- Website
- jnj.com
Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the healthcare field worldwide. Consumer Health segment offers baby care products under the JOHNSON'S and AVEENO Baby brands. Pharmaceutical segment offers products for rheumatoid arthritis, psoriatic arthritis, inflammatory bowel disease, and psoriasis. MedTech segment provides electrophysiology products to treat cardiovascular diseases.
In the same sector
Flow pages for other Health Care names in the S&P 500:
LLY Eli Lilly & Co.ABBV AbbVie Inc.MRK Merck & Co. Inc.UNH UnitedHealth Group Inc.TMO Thermo Fisher Scientific Inc.AMGN Amgen Inc.GILD Gilead Sciences, Inc.ABT Abbott Laboratories
Learn
- What unusual options activity means
- Reading one ticker's flow
- Sweeps, blocks and where a trade printed
- Size versus open interest
- Bullish or bearish, how a print's sentiment is inferred
- The conviction score and whale prints
The live tape for JNJ with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.
Open JNJ in Options Sentiment Screener