Whales with a lot of money to spend have taken a noticeably bullish stance on JPMorgan Chase.
Looking at options history for JPMorgan Chase JPM we detected 24 trades.
If we consider the specifics of each trade, it is accurate to state that 62% of the investors opened trades with bullish expectations and 29% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $170,903 and 20, calls, for a total amount of $1,044,225.
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 $180.0 to $220.0 for JPMorgan Chase over the last 3 months.
Volume & Open Interest Trends
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 $180.0 to $220.0 in the last 30 days.
JPMorgan Chase Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| JPM | CALL | SWEEP | BULLISH | 01/16/26 | $27.15 | $26.15 | $27.15 | $195.00 | $133.0K | 749 | 56 |
| JPM | CALL | SWEEP | BULLISH | 05/17/24 | $1.62 | $1.61 | $1.62 | $197.50 | $131.0K | 601 | 966 |
| JPM | CALL | TRADE | NEUTRAL | 01/17/25 | $13.3 | $13.2 | $13.25 | $200.00 | $99.3K | 4.6K | 125 |
| JPM | CALL | TRADE | BULLISH | 05/10/24 | $3.5 | $3.5 | $3.5 | $192.50 | $70.0K | 1.0K | 1.0K |
| JPM | CALL | TRADE | NEUTRAL | 01/17/25 | $13.3 | $13.15 | $13.22 | $200.00 | $66.1K | 4.6K | 50 |
About JPMorgan Chase
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $3.9 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
Present Market Standing of JPMorgan Chase
- Currently trading with a volume of 2,336,735, the JPM's price is up by 0.01%, now at $193.5.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 74 days.
What The Experts Say On JPMorgan Chase
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $211.4.
- An analyst from BMO Capital has decided to maintain their Market Perform rating on JPMorgan Chase, which currently sits at a price target of $195.
- Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on JPMorgan Chase with a target price of $216.
- An analyst from UBS has decided to maintain their Buy rating on JPMorgan Chase, which currently sits at a price target of $219.
- An analyst from Evercore ISI Group persists with their Outperform rating on JPMorgan Chase, maintaining a target price of $210.
- An analyst from Oppenheimer persists with their Outperform rating on JPMorgan Chase, maintaining a target price of $217.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest JPMorgan Chase options trades with real-time alerts from Benzinga Pro.
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