Investors with a lot of money to spend have taken a bearish stance on JPMorgan Chase JPM.
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with JPM, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 9 options trades for JPMorgan Chase.
This isn't normal.
The overall sentiment of these big-money traders is split between 44% bullish and 55%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $955,500, and 8, calls, for a total amount of $512,248.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $170.0 to $200.0 for JPMorgan Chase during the past quarter.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for JPMorgan Chase options trades today is 2553.2 with a total volume of 2,320.00.
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 $170.0 to $200.0 over 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 | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| JPM | PUT | TRADE | BEARISH | 01/16/26 | $9.15 | $8.7 | $9.1 | $170.00 | $955.5K | 3.0K | 0 |
| JPM | CALL | TRADE | BULLISH | 07/05/24 | $4.8 | $4.7 | $4.8 | $195.00 | $96.0K | 1.7K | 24 |
| JPM | CALL | TRADE | BEARISH | 01/17/25 | $13.65 | $13.55 | $13.55 | $200.00 | $94.8K | 4.3K | 2 |
| JPM | CALL | TRADE | BEARISH | 01/17/25 | $13.6 | $13.5 | $13.5 | $200.00 | $94.5K | 4.3K | 103 |
| JPM | PUT | SWEEP | BULLISH | 01/16/26 | $9.0 | $8.8 | $8.94 | $170.00 | $64.2K | 3.0K | 1.0K |
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.
JPMorgan Chase's Current Market Status
- With a volume of 573,613, the price of JPM is up 0.71% at $197.69.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 18 days.
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.
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