Johnson & Johnson (JNJ)

Johnson & Johnson

JNJ

Q2 2026 Earnings

Reports in

-3days

Wed, Jul 15 · Before open

Options-implied move

±3.7%

$240.66 · $259.34 · via ATM straddle

ATM IV

23.2%

Δ term slope 0.2 v/30d

IV-based EM

±4.7%

σ 23% · 15d

ATM Straddle

$9.35

Strike $250.00

IV Rank

65%

52w 13–30%

Provider signals

Crowding and flow context

Signal score 45

Short days

2.5

26.6M shares short

P/C volume

0.31x

3.1K puts / 9.9K calls

P/C OI

1.12x

60.1K puts / 53.7K calls

Actions

5/0

dividend / split events

massive · short 2026-06-30 · IV coverage 61%

Expected move

Probability density around spot

Log-normal model with ATM IV 23.2% over 15 days. Range $240.66–$259.34.

$232.40 · -7.0%Spot $250.00$267.60 · +7.0%

Spot

−3.7%

+3.7%

Straddle bandIV bandLog-normal density

Hover for probability · click to pin

Term structure

Implied range across expiries

Spot × (1 ± EM) at each expiry. Hover an expiry for details.

4 expiries

Historical

Realized moves · last 8 quarters

Close-to-close moves; implied range pending historical option chains.

EPS beat 8/8

EPS surprisevs sell-side consensus

Realized (up)Realized (down)

ATM greeks

Greeks by expiry

ATM call · delta hedge ratios, sensitivity to vol and time.

Expiry	DTE	ATM IV	Δ Delta	Γ Gamma	𝜈 Vega	Θ Theta	Straddle
Jul 31Earnings K $250	15d	23.16%	0.495	0.0340	0.20	-0.15	$9.35
Aug 14 K $250	29d	23.68%	0.511	0.0239	0.28	-0.12	$13.35
Aug 28 K $250	43d	23.70%	0.512	0.0195	0.34	-0.10	$16.18
Sep 18 K $250	64d	24.13%	0.508	0.0157	0.41	-0.08	$20.00

Options data · as of 2026-07-16Method: options math baseline