By Dan Darrow
November 28, 2022
Intraday Update: JNJ
JNJ flashed up to 178+ quickly on Friday morning but quickly reversed, and now the stock is nearing that initial target range again following a solid open this morning. The plan will be to lock in some money on the Dec16 $175 - $180 call spread and roll up to a lower debit Dec30 $180 - $185 call spread. The next target is 181+.
Trader Author Portfolio Holdings
**As of the date and time of publication