Financial giants have made a conspicuous bearish move on JPMorgan Chase. Our analysis of options history for JPMorgan Chase JPM revealed 13 unusual trades.
Delving into the details, we found 30% of traders were bullish, while 69% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $456,149, and 6 were calls, valued at $262,208.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $135.0 to $185.0 for JPMorgan Chase over the last 3 months.
Analyzing Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for JPMorgan Chase's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across JPMorgan Chase's significant trades, within a strike price range of $135.0 to $185.0, over the past month.
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 | SWEEP | BEARISH | 07/19/24 | $180.00 | $197.3K | 337 | 202 |
| JPM | CALL | SWEEP | BULLISH | 06/20/25 | $135.00 | $103.6K | 57 | 26 |
| JPM | PUT | SWEEP | BEARISH | 03/15/24 | $170.00 | $56.3K | 9.5K | 499 |
| JPM | PUT | SWEEP | BEARISH | 05/17/24 | $180.00 | $51.1K | 560 | 55 |
| JPM | PUT | SWEEP | BEARISH | 05/17/24 | $185.00 | $50.8K | 502 | 42 |
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.
Having examined the options trading patterns of JPMorgan Chase, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of JPMorgan Chase
- With a trading volume of 2,247,841, the price of JPM is down by -0.84%, reaching $174.32.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 59 days from now.
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.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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