Since topping out just below $180, Johnson & Johnson (JNJ) has been on a straight path lowerBut the selloff seems to be losing some steam hereI like the stock to pop back above $175 pretty quicklyThe implied volatility (IV) is pretty inexpensive on the Sept$175 calls that cost about $1.60. With a move back to $175, these will go to $2.50-3.00 or s...
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