Johnson & Johnson (JNJ)
Johnson & Johnson Max Pain By Strike
JNJ trades at $176.3, 3.7% above the near-term max pain of $170 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($145-$180), reflecting growing call interest at higher strikes. Key magnetic zone at 170 where 7 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Johnson & Johnson Max Pain By Expiry
Max pain for JNJ shows an upward trend from 145 to 180, suggesting bullish positioning in longer-dated options. The 21% spread signals divergent expectations across timeframes. Most levels below 176.3 may cap rallies. Strong magnetic level at 170 (7 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 22, 2025 | 170 | -6.30 (-3.57%) |
| Aug 29, 2025 | 170 | -6.30 (-3.57%) |
| Sep 5, 2025 | 170 | -6.30 (-3.57%) |
| Sep 12, 2025 | 170 | -6.30 (-3.57%) |
| Sep 19, 2025 | 160 | -16.30 (-9.25%) |
| Sep 26, 2025 | 170 | -6.30 (-3.57%) |
| Oct 17, 2025 | 165 | -11.30 (-6.41%) |
| Nov 21, 2025 | 170 | -6.30 (-3.57%) |
| Dec 19, 2025 | 170 | -6.30 (-3.57%) |
| Jan 16, 2026 | 160 | -16.30 (-9.25%) |
| Mar 20, 2026 | 155 | -21.30 (-12.08%) |
| Apr 17, 2026 | 180 | 3.70 (2.10%) |
| Jun 18, 2026 | 160 | -16.30 (-9.25%) |
| Jul 17, 2026 | 160 | -16.30 (-9.25%) |
| Sep 18, 2026 | 160 | -16.30 (-9.25%) |
| Dec 18, 2026 | 145 | -31.30 (-17.75%) |
| Jan 15, 2027 | 160 | -16.30 (-9.25%) |