Matt_ORATS
Sponsor
Johnson & Johnson ($JNJ) announced earnings this morning and raised its dividend 4%. JNJ is up 3% in pre-market trading. The earnings straddle was expecting a move of $2.82 today so pretty close to the pre-market move. The options market was not expecting the dividend ex date at 5/22/2020 (ORATS was). More here: https://blog.orats.com/dividend-suspensions-and-one-increase-jnj #earningshashtag#dividendshashtag#straddlehashtag#options