Unpacking the Latest Options Trading Trends in JPMorgan Chase

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Investors with a lot of money to spend have taken a bullish 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 10 options trades for JPMorgan Chase.

This isn't normal.

The overall sentiment of these big-money traders is split between 30% bullish and 10%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $30,941, and 9, calls, for a total amount of $555,919.

What's The Price Target?

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $125.0 and $250.0 for JPMorgan Chase, spanning the last three months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $125.0 to $250.0 in the last 30 days.

JPMorgan Chase Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
JPM CALL SWEEP BULLISH 01/17/25 $2.31 $2.3 $2.3 $250.00 $120.3K 20.7K 1.5K
JPM CALL SWEEP NEUTRAL 01/17/25 $2.13 $2.12 $2.12 $250.00 $75.8K 20.7K 2.7K
JPM CALL TRADE NEUTRAL 12/19/25 $127.2 $123.1 $125.32 $125.00 $75.1K 178 6
JPM CALL SWEEP NEUTRAL 01/24/25 $3.6 $3.5 $3.6 $250.00 $70.5K 1.3K 2.1K
JPM CALL TRADE BEARISH 06/18/26 $34.35 $34.2 $34.2 $245.00 $68.4K 5 20

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.

After a thorough review of the options trading surrounding JPMorgan Chase, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is JPMorgan Chase Standing Right Now?

  • Currently trading with a volume of 3,371,078, the JPM's price is up by 0.47%, now at $248.65.
  • RSI readings suggest the stock is currently may be overbought.
  • Anticipated earnings release is in 0 days.

What Analysts Are Saying About JPMorgan Chase

Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $281.3333333333333.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Reflecting concerns, an analyst from Truist Securities lowers its rating to Hold with a new price target of $260. * An analyst from Barclays has decided to maintain their Overweight rating on JPMorgan Chase, which currently sits at a price target of $304. * Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on JPMorgan Chase with a target price of $280.

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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