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JNJ Jan 2024 155.000 put

OPR - OPR Delayed Price. Currency in USD
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6.30+0.10 (+1.61%)
As of 10:54AM EST. Market open.
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Previous Close6.20
Open6.25
Bid6.20
Ask6.35
Strike155.00
Expire Date2024-01-19
Day's Range6.20 - 6.45
Contract RangeN/A
Volume51
Open Interest4.53k
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    When a U.S. appeals court ruled on Monday that Johnson & Johnson can’t use the U.S. bankruptcy system to offload vast litigation exposure from product liability claims, the people who reacted most quickly were undoubtedly J&J investors. Within hours of the 3rd U.S. Circuit Court of Appeals decision, investors drove J&J’s share price down by nearly 4% -- its biggest one-day decline in years. But another, albeit much smaller, group of people was also roiled by Monday’s ruling from the 3rd Circuit: appellate lawyers who were finishing up friend-of-the-court briefs due on Wednesday in a 7th Circuit appeal by 3M Co that presents issues similar to those in the J&J case.