Johnson & Johnson

Watching for potential dips in JNJ

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I wish I owned some puts in JNJ but its perhaps too late now.

They had a nice pre earnings run up. Earnings is on the 13th pre market. It will possibly take a dump at market open + as of 45 minutes ago they suspended their covid-19 trial testing as a result of a participants unexplained illness.

Maybe too late for puts or to short now, as the market could gap down tomorrow. I am looking at new dips and opportunities to get in on calls. If it does start going down, be patient and wait for it to present the right buying opportunity.

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