Financial giants have made a conspicuous bearish move on JPMorgan Chase. Our analysis of options history for JPMorgan Chase JPM revealed 49 unusual trades.
Delving into the details, we found 44% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 43 were puts, with a value of $1,720,754, and 6 were calls, valued at $803,517.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $140.0 and $185.0 for JPMorgan Chase, spanning the last three months.
Volume & Open Interest Development
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 $140.0 to $185.0, over the past month.
JPMorgan Chase Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| JPM | CALL | TRADE | BULLISH | 03/15/24 | $165.00 | $508.5K | 10.5K | 1 |
| JPM | PUT | TRADE | NEUTRAL | 03/15/24 | $155.00 | $400.0K | 2.2K | 2 |
| JPM | CALL | TRADE | BEARISH | 04/19/24 | $170.00 | $142.1K | 1.5K | 998 |
| JPM | PUT | TRADE | BULLISH | 01/17/25 | $185.00 | $57.0K | 299 | 481 |
| JPM | PUT | TRADE | BEARISH | 01/17/25 | $185.00 | $56.9K | 299 | 91 |
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.
Following our analysis of the options activities associated with JPMorgan Chase, we pivot to a closer look at the company's own performance.
Current Position of JPMorgan Chase
- With a trading volume of 1,474,112, the price of JPM is up by 0.06%, reaching $158.62.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 32 days from now.
What The Experts Say On JPMorgan Chase
In the last month, 1 experts released ratings on this stock with an average target price of $243.0.
- Maintaining their stance, an analyst from Oppenheimer continues to hold a Outperform rating for JPMorgan Chase, targeting a price of $243.
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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