JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $162.50 short put and a strike $157.50 long put offers a potential 12.61% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $162.50 by expiration. The full premium credit of $0.56 would be kept by the premium seller. The risk of $4.44 would be incurred if the stock dropped below the $157.50 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for JP Morgan is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for JP Morgan is bullish.
The RSI indicator is at 78.39 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
5 Big Bank Charts to Kick Off Earnings Season
Tue, 11 Jan 2022 23:20:11 +0000
With the Federal Reserve all but certain to raise rates in 2022, the banks are suddenly one of the hottest industries this earnings season.
JPMorgan’s Dimon: Unvaccinated workers ‘risk losing their jobs’
Tue, 11 Jan 2022 19:54:35 +0000
Yahoo Finance Live’s Anjalee Khemlani discusses the latest on COVID-19 workplace vaccine rules as Citigroup and J.P. Morgan Chase announce they are cracking down on unvaccinated employees.
Stolper Co Buys Apple Inc, Berkshire Hathaway Inc, JPMorgan Chase, Sells Ardagh Metal Packaging …
Tue, 11 Jan 2022 18:38:07 +0000
Investment company Stolper Co (Current Portfolio) buys Apple Inc, Berkshire Hathaway Inc, JPMorgan Chase, UnitedHealth Group Inc, Microsoft Corp, sells Ardagh Metal Packaging SA, Ardagh Metal Packaging SA, Blackrock Debt Strategies Fund Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Stolper Co.
JPMorgan on the Rise Ahead of Earnings Season
Tue, 11 Jan 2022 17:46:07 +0000
Open interest features more puts than calls, and the implied volatility built into those prices suggests that traders are selling these options.
JPMorgan (JPM) to Boost Asia Presence, Hire 100 Private Bankers
Tue, 11 Jan 2022 15:08:03 +0000
JPMorgan (JPM) plans to hire more than 100 people in its private banking business in Asia in 2022 to tap the region's growth.
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