Deep-pocketed investors have adopted a bearish approach towards JPMorgan Chase JPM, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in JPM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for JPMorgan Chase. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 40% leaning bullish and 60% bearish. Among these notable options, 2 are puts, totaling $184,235, and 8 are calls, amounting to $405,051.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $130.0 and $250.0 for JPMorgan Chase, spanning the last three months.
Volume & Open Interest Trends
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for JPMorgan Chase's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of JPMorgan Chase's whale trades within a strike price range from $130.0 to $250.0 in the last 30 days.
JPMorgan Chase Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| JPM | PUT | TRADE | NEUTRAL | 01/17/25 | $250.00 | $125.4K | 0 | 15 |
| JPM | CALL | TRADE | BEARISH | 12/19/25 | $130.00 | $65.8K | 4.3K | 14 |
| JPM | CALL | TRADE | BULLISH | 12/19/25 | $130.00 | $65.5K | 4.3K | 41 |
| JPM | CALL | SWEEP | BEARISH | 12/19/25 | $130.00 | $65.4K | 4.3K | 109 |
| JPM | CALL | TRADE | BULLISH | 12/19/25 | $130.00 | $65.2K | 4.3K | 82 |
About JPMorgan Chase
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.
After a thorough review of the options trading surrounding JPMorgan Chase, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
JPMorgan Chase's Current Market Status
- With a trading volume of 2,545,380, the price of JPM is down by -0.08%, reaching $166.96.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 85 days from now.
What The Experts Say On JPMorgan Chase
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $203.2.
- Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on JPMorgan Chase with a target price of $232.
- An analyst from B of A Securities has decided to maintain their Buy rating on JPMorgan Chase, which currently sits at a price target of $188.
- Consistent in their evaluation, an analyst from BMO Capital keeps a Market Perform rating on JPMorgan Chase with a target price of $194.
- An analyst from Deutsche Bank has elevated its stance to Buy, setting a new price target at $190.
- Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on JPMorgan Chase with a target price of $212.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for JPMorgan Chase, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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