A Closer Look at JPMorgan Chase's Options Market Dynamics
Financial giants have made a conspicuous bullish move on JPMorgan Chase. Our analysis of options history for JPMorgan Chase JPM revealed 31 unusual trades.
Delving into the details, we found 48% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 11 were puts, with a value of $429,963, and 20 were calls, valued at $1,022,321.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $160.0 to $225.0 for JPMorgan Chase over the recent three months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for JPMorgan Chase options trades today is 2599.95 with a total volume of 7,714.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for JPMorgan Chase’s big money trades within a strike price range of $160.0 to $225.0 over the last 30 days.
JPMorgan Chase Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| JPM | CALL | SWEEP | NEUTRAL | 10/18/24 | $3.95 | $3.9 | $3.9 | $212.50 | $78.0K | 537 | 442 |
| JPM | CALL | SWEEP | BULLISH | 10/18/24 | $3.65 | $3.6 | $3.65 | $212.50 | $73.0K | 537 | 660 |
| JPM | CALL | SWEEP | NEUTRAL | 01/17/25 | $20.7 | $20.65 | $20.7 | $195.00 | $72.4K | 3.5K | 60 |
| JPM | CALL | TRADE | BEARISH | 10/18/24 | $3.6 | $3.5 | $3.54 | $212.50 | $70.8K | 537 | 1.1K |
| JPM | CALL | TRADE | BULLISH | 01/16/26 | $42.6 | $42.2 | $42.6 | $180.00 | $68.1K | 716 | 21 |
About JPMorgan Chase
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4.1 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 volume of 8,218,659, the price of JPM is down -0.66% at $210.19.
- RSI indicators hint that the underlying stock may be approaching oversold.
- Next earnings are expected to be released in 16 days.
What The Experts Say On JPMorgan Chase
2 market experts have recently issued ratings for this stock, with a consensus target price of $227.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge’s Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
* An analyst from Morgan Stanley persists with their Overweight rating on JPMorgan Chase, maintaining a target price of $220.
* An analyst from Deutsche Bank has revised its rating downward to Hold, adjusting the price target to $235.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for JPMorgan Chase with Benzinga Pro for real-time alerts.
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