share_log

Spotlight on JPMorgan Chase: Analyzing the Surge in Options Activity

Benzinga ·  Dec 31, 2024 23:15

Whales with a lot of money to spend have taken a noticeably bearish stance on JPMorgan Chase.

Looking at options history for JPMorgan Chase (NYSE:JPM) we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 12% of the investors opened trades with bullish expectations and 87% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $97,315 and 6, calls, for a total amount of $348,620.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $200.0 to $260.0 for JPMorgan Chase during the past quarter.

Insights into Volume & Open Interest

In today's trading context, the average open interest for options of JPMorgan Chase stands at 5213.71, with a total volume reaching 878.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in JPMorgan Chase, situated within the strike price corridor from $200.0 to $260.0, throughout the last 30 days.

JPMorgan Chase Call and Put Volume: 30-Day Overview

bigjpg

Significant Options Trades Detected:

SymbolPUT/CALLTrade TypeSentimentExp. DateAskBidPriceStrike PriceTotal Trade PriceOpen InterestVolume
JPMCALLSWEEPBEARISH06/20/25$8.15$8.0$8.0$260.00$84.0K1.1K105
JPMCALLTRADEBULLISH01/15/27$27.8$26.55$27.8$260.00$77.8K1.2K28
JPMCALLSWEEPBEARISH01/17/25$2.01$1.88$1.88$250.00$75.4K14.9K402
JPMCALLSWEEPBEARISH01/17/25$5.8$5.65$5.65$240.00$56.5K11.4K203
JPMPUTSWEEPBEARISH03/21/25$11.85$11.75$11.83$245.00$49.7K54742

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.

Present Market Standing of JPMorgan Chase

  • With a trading volume of 346,133, the price of JPM is up by 0.74%, reaching $241.09.
  • Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
  • Next earnings report is scheduled for 15 days from now.

Expert Opinions on JPMorgan Chase

2 market experts have recently issued ratings for this stock, with a consensus target price of $264.5.

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.* An analyst from Piper Sandler has decided to maintain their Overweight rating on JPMorgan Chase, which currently sits at a price target of $275. * An analyst from Keefe, Bruyette & Woods has decided to maintain their Market Perform rating on JPMorgan Chase, which currently sits at a price target of $254.

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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment