JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $113.00 short put and a strike $108.00 long put offers a potential 25.31% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $113.00 by expiration. The full premium credit of $1.01 would be kept by the premium seller. The risk of $3.99 would be incurred if the stock dropped below the $108.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for JP Morgan is bullish and the probability of a rise 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 79.9 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
JPMorgan bans staff from Brunei-owned hotels over gay law
Mon, 29 Apr 2019 04:00:54 +0000
JPMorgan Chase has banned its staff from staying in any of a dozen hotels owned by the Sultan of Brunei, joining a backlash against the Asian kingdom that has enacted death by stoning as a punishment for gay or extramarital sex.
Mortgages? Big banks may be throwing in the towel
Sun, 28 Apr 2019 17:17:00 +0000
Big banks are increasingly coming to a reckoning that making mortgages is no longer the best business to be in, if earnings reports from the most recent quarter are any guide.
The Best Dividend Stock Among the Big Four Banks Is…
Sat, 27 Apr 2019 21:00:00 +0000
This bank is not only the clear outperformer among the quartet, it's generous with its payout.
This simple chart shows what you can and can’t control when planning for retirement
Sat, 27 Apr 2019 14:29:00 +0000
One of its leading charts, which it notes is a “sound plan for retirement,” is a look at the factors that those planning for retirement can — and can’t — control. The rest is yours to do what you will, though paying down high-interest debt if you have it should likely be a priority.
Hellman, Carlyle Said to Eye $1 Billion Payout From Pharma Firm
Fri, 26 Apr 2019 22:14:20 +0000
The firm’s private equity owners are seeking approval from some of PPD’s creditors for the dividend plan, according to people familiar with the matter. To fund the payment, PPD is mulling the sale of a risky type of junk bond called PIK toggle that allows a borrower to delay interest payments, said the people, asking not to be identified discussing a private matter. Private equity firms have taken advantage of strong creditor conditions in the debt markets to sell around $3 billion of loans to finance dividend payouts this month.
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