Options Insight: Why the Johnson & Johnson Risk Reversal?

The video discusses the current market conditions, focusing on a 'risk off' day with the Dow down. It explores options market strategies, highlighting the importance of hedging and potential trades. The speaker analyzes market sentiment, noting muted volatility despite historical trends. The discussion shifts to investment strategies, particularly in Johnson & Johnson, emphasizing its strong earnings and pharmaceutical growth. The video concludes with a recommendation for a specific options trade to capitalize on market conditions.

Why are the markets perceived to be shaking off fears related to past events like Brexit and China?

What type of options trade was suggested for Johnson and Johnson, and what are its potential benefits?