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Thursday, 12/01/2016 1:48:27 PM

Thursday, December 01, 2016 1:48:27 PM

Post# of 110152
Bullish play opened in J&J options (TheFlyOnTheWall)
FLY ON THE WALL 1:10 PM ET 12/1/2016
Bullish play opened in J&J options. 20K Apr 120 calls bought for 98c per contract. The nearly $2M premium block is tied to 340K shares at $110.91 and opens a position struck 8% above spot. April options capture one earnings cycle in late-January.

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