JPMorgan Chase Unusual Options Activity For June 02
Portfolio Pulse from Benzinga Insights
A whale has taken a bearish stance on JPMorgan Chase (NYSE:JPM) with 53 unusual options trades detected. 45% of investors opened trades with bullish expectations and 54% with bearish. The total amount for puts is $918,508 and for calls is $3,392,850. Whales have been targeting a price range of $55 to $175 for JPMorgan Chase over the last 3 months.
June 02, 2023 | 8:01 pm
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A whale has taken a bearish stance on JPMorgan Chase with 53 unusual options trades. The total amount for puts is $918,508 and for calls is $3,392,850. Whales have been targeting a price range of $55 to $175 for JPMorgan Chase over the last 3 months.
The article highlights a whale taking a bearish stance on JPMorgan Chase with 53 unusual options trades. While this may indicate a potential short-term impact on the stock price, the overall sentiment is mixed with 45% of investors having bullish expectations and 54% bearish. Additionally, the targeted price range of $55 to $175 over the last 3 months suggests a wide range of possibilities for the stock price. Therefore, the short-term impact on JPMorgan Chase's stock price is neutral.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100