JPMorgan Chase Unusual Options Activity

JPMorgan Chase Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bullish stance on JPMorgan Chase.

Looking at options history for JPMorgan Chase JPM we detected 13 strange trades.

If we consider the specifics of each trade, it is accurate to state that 61% of the investors opened trades with bullish expectations and 38% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $264,026 and 10, calls, for a total amount of $423,209.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $75.0 to $140.0 for JPMorgan Chase over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

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 activity within a strike price range from $75.0 to $140.0 in the last 30 days.

JPMorgan Chase Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
JPM PUT TRADE BEARISH 01/20/23 $130.00 $207.0K 13.5K 402
JPM CALL SWEEP BULLISH 11/18/22 $105.00 $76.2K 4.7K 30
JPM CALL TRADE NEUTRAL 06/16/23 $130.00 $68.7K 7.2K 55
JPM CALL TRADE BULLISH 06/16/23 $75.00 $67.6K 37 17
JPM CALL TRADE BULLISH 11/04/22 $120.00 $46.2K 1.2K 108

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
JPM PUT TRADE BEARISH 01/20/23 $130.00 $207.0K 13.5K 402
JPM CALL SWEEP BULLISH 11/18/22 $105.00 $76.2K 4.7K 30
JPM CALL TRADE NEUTRAL 06/16/23 $130.00 $68.7K 7.2K 55
JPM CALL TRADE BULLISH 06/16/23 $75.00 $67.6K 37 17
JPM CALL TRADE BULLISH 11/04/22 $120.00 $46.2K 1.2K 108

Where Is JPMorgan Chase Standing Right Now?

  • With a volume of 3,759,959, the price of JPM is up 2.51% at $130.39.
  • RSI indicators hint that the underlying stock may be overbought.
  • Next earnings are expected to be released in 70 days.

What The Experts Say On JPMorgan Chase:

  • BMO Capital has decided to maintain their Market Perform rating on JPMorgan Chase, which currently sits at a price target of $158.

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.

Posted In: BZI-UOAOptionsMarkets