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Today's OI Read — JNJ

Where the walls are, where price sits, and what the dealer positioning implies for J&J

In Between Walls?
NO
$230
DOM
$240
2ND
$224.26

Outside the dominant wall range — directional momentum more likely than mean reversion.

Magnet Strength
1.73× High (1.5–2×)
Current OI 36,075
30d Avg OI 20,834

Elevated OI — dealers carry larger hedges, making price walls structurally stronger.

Put/Call Ratio
0.77
CALL HEAVY

Below 0.8 — call OI dominates. Bullish positioning; dealers are short calls and will sell delta into rallies.

Dominant Wall
$230
▲ Above spot

The highest OI concentration strike — the structural anchor dealers are most committed to hedging.

Distance to #1 Wall
$-5.74
-2.56%

Price is below the dominant wall — acts as resistance.

Wall Skew
+0.013
BALANCED

Balanced call/put OI at the dominant wall — no dominant dealer incentive in either direction.

Today's Top Setup — JNJ

SQUEEZE, PIN, and CAGE scored 0–100 from OI structure. Highest score = today's highest-conviction setup.

PIN — 53.7% hit rate (n=1,719). CAGE — 45.4% (n=1,161). SQUEEZE — 49.5% (n=5,555). Half hit, half don't — the edge is asymmetric payoff.

Strength scores are locked

PRO

See exactly which setup is most likely — and by how much

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🚀 SQUEEZE
candidate
Strength ██%
5d horizon
Target · Stock pops ≥+5% within 10 trading days — the kind of move where the winners run far enough to outweigh the misses.
📌 PIN
AUC 0.83 measured
Strength ██%
1d horizon
Target · Price closes within 0.5% of $230 (dom strike) by +1d.
↔ CAGE
AUC 0.55 measured
Strength ██%
5d horizon
Target · Price stays between $230 – $240 through +5d.

Top OI Walls

Largest open interest concentrations · sorted by strike price · * OI projected from prior day

2026-05-12
Rank Strike Call OI Put OI Total OI P/C % of Max
#4 $260 Resistance 3,474 0 3,474 0.00
43%
#5 $250 Resistance 3,094 0 3,094 0.00
38%
#2 $240 Resistance 3,496 624 4,120 0.18
51%
#1 $230 Resistance 4,114 4,009 8,123 0.97
100%
#3 $225 Resistance 490 3,588 4,078 7.32
50%
▶ $224.26

SQUEEZE / PIN / CAGE Setup Backtest — JNJ

Last 50 sessions — which setup fired, what the score was, and whether it hit. See the actual win/loss record.

0 days ·
Min Strength 60
Magnet:
2026-05-05
📌 PIN
Strength 75%
Magnet
Floor $225
Ceiling $230
Range 2.2%
✓ Hit
Win Criteria
Close within 0.5% of $225 by end of day
What Happened
$224.62
-0.41%
2026-05-04
📌 PIN
Strength 75%
Magnet
Floor $225
Ceiling $230
Range 2.2%
✓ Hit
Win Criteria
Close within 0.5% of $225 by end of day
What Happened
$225.55
+0.60%
2026-05-01
📌 PIN
Strength 65%
Magnet
Floor $225
Ceiling $230
Range 2.2%
✓ Hit
Win Criteria
Close within 0.5% of $225 by end of day
What Happened
$224.20
-1.32%
2026-04-30
↔ CAGE
Strength 20%
Magnet
Floor $230
Ceiling $242
Range 5.4%
✗ Miss
Win Criteria
Stay inside $230–$242 for 5 days
What Happened
$222.51
-3.19%
Broke down — max move 2.5% (need ≤2%)
2026-04-29
↔ CAGE
Strength 20%
Magnet
Floor $230
Ceiling $242
Range 5.5%
✓ Hit
Win Criteria
Stay inside $230–$242 for 5 days
What Happened
$224.62
-1.20%
2026-04-28
📌 PIN
Strength 70%
Magnet
Floor $230
Ceiling $242
Range 5.5%
✗ Miss
Win Criteria
Close within 0.5% of $230 by end of day
What Happened
$227.35
-0.19%
Closed 1.2% from wall (need ≤0.5%) — moved -0.2%
2026-04-27
↔ CAGE
Strength 40%
Magnet
Floor $230
Ceiling $242
Range 5.5%
✗ Miss
Win Criteria
Stay inside $230–$242 for 5 days
What Happened
$224.20
-0.51%
Broke up — max move 2.0% (need ≤2%)
2026-04-24
📌 PIN
Strength 50%
Magnet
Floor $230
Ceiling $242
Range 5.5%
✗ Miss
Win Criteria
Close within 0.5% of $230 by end of day
What Happened
$225.34
-0.95%
Closed 2.0% from wall (need ≤0.5%) — moved -0.9%
2026-04-23
📌 PIN
Strength 75%
Magnet
Floor $228
Ceiling $230
Range 1.1%
✗ Miss
Win Criteria
Close within 0.5% of $230 by end of day
What Happened
$227.50
-1.37%
Closed 1.1% from wall (need ≤0.5%) — moved -1.4%
2026-04-22
↔ CAGE
Strength 75%
Magnet
Floor $228
Ceiling $230
Range 1.1%
✗ Miss
Win Criteria
Stay inside $228–$230 for 5 days
What Happened
$227.35
+0.55%
Broke up — max move 2.0% (need ≤2%)
2026-04-21
📌 PIN
Strength 70%
Magnet
Floor $228
Ceiling $238
Range 4.4%
✗ Miss
Win Criteria
Close within 0.5% of $228 by end of day
What Happened
$226.10
-0.03%
Closed 0.6% from wall (need ≤0.5%) — moved -0.0%
2026-04-20
↔ CAGE
Strength 40%
Magnet
Floor $228
Ceiling $240
Range 5.4%
✓ Hit
Win Criteria
Stay inside $228–$240 for 5 days
What Happened
$225.34
-2.32%
2026-04-17
📌 PIN
Strength 5%
Magnet
Floor $240
Ceiling $260
Range 8.5%
✗ Miss
Win Criteria
Close within 0.5% of $260 by end of day
What Happened
$230.69
-1.49%
Closed 12.5% from wall (need ≤0.5%) — moved -1.5%
2026-04-16
↔ CAGE
Strength 55%
Magnet
Floor $230
Ceiling $240
Range 4.3%
✗ Miss
Win Criteria
Stay inside $230–$240 for 5 days
What Happened
$230.65
-1.66%
Broke down — max move 3.6% (need ≤2%)
2026-04-15
📌 PIN
Strength 60%
Magnet
Floor $230
Ceiling $240
Range 4.2%
✗ Miss
Win Criteria
Close within 0.5% of $240 by end of day
What Happened
$234.54
-1.73%
Closed 2.3% from wall (need ≤0.5%) — moved -1.7%
2026-04-14
📌 PIN
Strength 80%
Magnet
Floor $230
Ceiling $240
Range 4.2%
✗ Miss
Win Criteria
Close within 0.5% of $240 by end of day
What Happened
$238.67
-0.60%
Closed 0.6% from wall (need ≤0.5%) — moved -0.6%
2026-04-13
📌 PIN
Strength 60%
Magnet
Floor $230
Ceiling $240
Range 4.2%
✓ Hit
Win Criteria
Close within 0.5% of $240 by end of day
What Happened
$240.10
+0.90%
2026-04-10
📌 PIN
Strength 70%
Magnet
Floor $230
Ceiling $240
Range 4.2%
✗ Miss
Win Criteria
Close within 0.5% of $240 by end of day
What Happened
$237.96
-0.21%
Closed 0.9% from wall (need ≤0.5%) — moved -0.2%
2026-04-09
📌 PIN
Strength 90%
Magnet
Floor $242
Ceiling $248
Range 2.1%
✗ Miss
Win Criteria
Close within 0.5% of $242 by end of day
What Happened
$238.46
-1.18%
Closed 1.7% from wall (need ≤0.5%) — moved -1.2%
2026-04-08
📌 PIN
Strength 75%
Magnet
Floor $242
Ceiling $248
Range 2.1%
✓ Hit
Win Criteria
Close within 0.5% of $242 by end of day
What Happened
$241.31
+0.00%
2026-04-07
↔ CAGE
Strength 55%
Magnet
Floor $242
Ceiling $248
Range 2.1%
✓ Hit
Win Criteria
Stay inside $242–$248 for 5 days
What Happened
$240.10
+0.71%
2026-04-06
↔ CAGE
Strength 55%
Magnet
Floor $242
Ceiling $248
Range 2.1%
✓ Hit
Win Criteria
Stay inside $242–$248 for 5 days
What Happened
$237.96
-1.25%
2026-04-02
↔ CAGE
Strength 55%
Magnet
Floor $230
Ceiling $240
Range 4.1%
✗ Miss
Win Criteria
Stay inside $230–$240 for 5 days
What Happened
$238.46
-1.88%
Broke down — max move 1.9% (need ≤2%)
2026-04-01
↔ CAGE
Strength 55%
Magnet
Floor $230
Ceiling $240
Range 4.1%
✗ Miss
Win Criteria
Stay inside $230–$240 for 5 days
What Happened
$241.31
-1.15%
Broke down — max move 2.3% (need ≤2%)
2026-03-31
↔ CAGE
Strength 55%
Magnet
Floor $230
Ceiling $240
Range 4.1%
✓ Hit
Win Criteria
Stay inside $230–$240 for 5 days
What Happened
$241.30
-1.28%
2026-03-30
↔ CAGE
Strength 55%
Magnet
Floor $230
Ceiling $240
Range 4.1%
✓ Hit
Win Criteria
Stay inside $230–$240 for 5 days
What Happened
$238.41
-1.68%
2026-03-27
↔ CAGE
Strength 55%
Magnet
Floor $230
Ceiling $240
Range 4.2%
✓ Hit
Win Criteria
Stay inside $230–$240 for 5 days
What Happened
$240.97
+0.22%
2026-03-26
📌 PIN
Strength 35%
Magnet
Floor $230
Ceiling $235
Range 2.1%
✗ Miss
Win Criteria
Close within 0.5% of $235 by end of day
What Happened
$240.45
+0.51%
Closed 2.3% from wall (need ≤0.5%) — moved +0.5%
2026-03-25
↔ CAGE
Strength 40%
Magnet
Floor $235
Ceiling $250
Range 6.3%
✓ Hit
Win Criteria
Stay inside $235–$250 for 5 days
What Happened
$244.12
+1.75%
2026-03-24
📌 PIN
Strength 75%
Magnet
Floor $235
Ceiling $250
Range 6.4%
✗ Miss
Win Criteria
Close within 0.5% of $235 by end of day
What Happened
$239.93
+1.98%
Closed 2.1% from wall (need ≤0.5%) — moved +2.0%
2026-03-23
📌 PIN
Strength 90%
Magnet
Floor $235
Ceiling $250
Range 6.4%
✓ Hit
Win Criteria
Close within 0.5% of $235 by end of day
What Happened
$235.27
-0.06%
2026-03-20
📌 PIN
Strength 80%
Magnet
Floor $235
Ceiling $250
Range 6.4%
✓ Hit
Win Criteria
Close within 0.5% of $235 by end of day
What Happened
$235.42
+0.02%
2026-03-19
↔ CAGE
Strength 35%
Magnet
Floor $220
Ceiling $230
Range 4.2%
✓ Hit
Win Criteria
Stay inside $220–$230 for 5 days
What Happened
$239.24
+0.69%
2026-03-18
📌 PIN
Strength 20%
Magnet
Floor $200
Ceiling $230
Range 12.6%
✗ Miss
Win Criteria
Close within 0.5% of $200 by end of day
What Happened
$237.60
+0.13%
Closed 15.8% from wall (need ≤0.5%) — moved +0.1%
2026-03-17
📌 PIN
Strength 20%
Magnet
Floor $200
Ceiling $230
Range 12.6%
✗ Miss
Win Criteria
Close within 0.5% of $200 by end of day
What Happened
$237.28
-0.35%
Closed 15.7% from wall (need ≤0.5%) — moved -0.3%
2026-03-16
📌 PIN
Strength 20%
Magnet
Floor $200
Ceiling $230
Range 12.3%
✗ Miss
Win Criteria
Close within 0.5% of $200 by end of day
What Happened
$238.11
-2.09%
Closed 15.7% from wall (need ≤0.5%) — moved -2.1%
2026-03-13
📌 PIN
Strength 5%
Magnet
Floor $200
Ceiling $230
Range 12.4%
✗ Miss
Win Criteria
Close within 0.5% of $200 by end of day
What Happened
$243.19
+0.69%
Closed 17.9% from wall (need ≤0.5%) — moved +0.7%
2026-03-12
📌 PIN
Strength 80%
Magnet
Floor $240
Ceiling $245
Range 2.1%
✗ Miss
Win Criteria
Close within 0.5% of $240 by end of day
What Happened
$241.52
-0.21%
Closed 0.6% from wall (need ≤0.5%) — moved -0.2%
2026-03-11
📌 PIN
Strength 60%
Magnet
Floor $240
Ceiling $245
Range 2.1%
✗ Miss
Win Criteria
Close within 0.5% of $240 by end of day
What Happened
$242.04
-0.39%
Closed 0.8% from wall (need ≤0.5%) — moved -0.4%
2026-03-10
↔ CAGE
Strength 55%
Magnet
Floor $240
Ceiling $245
Range 2.1%
✓ Hit
Win Criteria
Stay inside $240–$245 for 5 days
What Happened
$238.11
-2.30%
2026-03-09
📌 PIN
Strength 60%
Magnet
Floor $238
Ceiling $245
Range 3.1%
✗ Miss
Win Criteria
Close within 0.5% of $245 by end of day
What Happened
$243.71
+0.46%
Closed 0.5% from wall (need ≤0.5%) — moved +0.5%
2026-03-06
↔ CAGE
Strength 75%
Magnet
Floor $245
Ceiling $248
Range 1.0%
✓ Hit
Win Criteria
Stay inside $245–$248 for 5 days
What Happened
$241.52
+0.47%
2026-03-05
📌 PIN
Strength 90%
Magnet
Floor $240
Ceiling $250
Range 4.2%
✓ Hit
Win Criteria
Close within 0.5% of $240 by end of day
What Happened
$240.40
+0.32%
2026-03-04
↔ CAGE
Strength 55%
Magnet
Floor $240
Ceiling $250
Range 4.1%
✗ Miss
Win Criteria
Stay inside $240–$250 for 5 days
What Happened
$242.99
-0.94%
Broke down — max move 2.3% (need ≤2%)
2026-03-03
↔ CAGE
Strength 55%
Magnet
Floor $240
Ceiling $250
Range 4.1%
✗ Miss
Win Criteria
Stay inside $240–$250 for 5 days
What Happened
$243.71
-1.23%
Broke down — max move 2.9% (need ≤2%)
2026-03-02
↔ CAGE
Strength 55%
Magnet
Floor $240
Ceiling $250
Range 4.0%
✗ Miss
Win Criteria
Stay inside $240–$250 for 5 days
What Happened
$242.59
-2.40%
Broke down — max move 3.6% (need ≤2%)
2026-02-27
↔ CAGE
Strength 55%
Magnet
Floor $240
Ceiling $250
Range 4.0%
✓ Hit
Win Criteria
Stay inside $240–$250 for 5 days
What Happened
$240.40
-3.23%
2026-02-26
📌 PIN
Strength 55%
Magnet
Floor $240
Ceiling $245
Range 2.1%
✗ Miss
Win Criteria
Close within 0.5% of $245 by end of day
What Happened
$248.43
+2.04%
Closed 1.4% from wall (need ≤0.5%) — moved +2.0%
2026-02-25
📌 PIN
Strength 75%
Magnet
Floor $238
Ceiling $245
Range 3.1%
✗ Miss
Win Criteria
Close within 0.5% of $245 by end of day
What Happened
$243.47
-0.69%
Closed 0.6% from wall (need ≤0.5%) — moved -0.7%
2026-02-24
📌 PIN
Strength 55%
Magnet
Floor $238
Ceiling $245
Range 3.0%
✓ Hit
Win Criteria
Close within 0.5% of $245 by end of day
What Happened
$245.17
-0.45%