4 Trade Ideas for Johnson & Johnson: Bonus Idea

• Posted by Greg Harmon
• on September 29th, 2025

Here is your Bonus Idea with links to the full Top Ten:

Johnson & Johnson, $JNJ, comes into the week at resistance. It has a RSI rising in the bullish zone after resetting lower and a MACD positive and curling to cross up. There is resistance at 180 and 181.50 then 182.50 and 186. Support lower is at 179 and 175.50 then 174. Short interest is low under 1%. The stock pays a dividend with an annual yield of 2.89% and has traded ex-dividend since August 26th.

The company is expected to report earnings next on October 14th. The October options chain shows biggest open interest at the 155 strike on the put side and at the 175 then 170 strikes on the call side, all below the current price. In the November chain it is biggest at the 170 put strike and the 190 calls. Finally, in the December chain open interest is biggest at the 155 put and 180 call strikes.

Johnson & Johnson, Ticker: $JNJ

Trade Idea 1: Buy the stock on a move over 180 with a stop at 174.

Trade Idea 2: Buy the stock on a move over 180 and add an October 177.50/170 Put Spread ($1.72) while selling the November 190 Calls ($1.62).

Trade Idea 3: Buy the October/November 190 Call Calendar ($1.29) while selling the November 165 Puts (99 cents).

Trade Idea 4: Buy the November 165/185/190 Call Spread Risk Reversal (74 cents).

Premium Content

The Best

The Rest Premium

Free Content

The Rest

If you like what you see sign up for more ideas and deeper analysis using the Get Premium button above.   

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which coming into the end of the 3rd Quarter, saw equity markets look strong as they held up well in what historically was a soft seasonal environment just shy of record highs.

Elsewhere, look for Gold to continue the uptrend to new highs while Crude Oil drifts in consolidation. The US Dollar Index continues to run sideways in consolidation, while US Treasuries may be in the early stages of reversing their downtrend but need more convincing. The Shanghai Composite looks to continue the short term consolidation in the uptrend to new 10 year highs while Emerging Markets also continue their uptrend at 4 year highs.

The Volatility Index looks to continue to hold at low levels, making life easier for equity markets to the upside. The charts of the SPY, the IWM and the QQQ are all strong on both timeframes. The SPY and the QQQ added another all-time high closes to start the week and along with the IWM look poised for that to continue into the 4th Quarter.

If you like what you see above sign up for deeper analysis and trading strategy by using the Get Premium button above. As always you can see details of individual charts and more on my StockTwits page.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus