This Is What Whales Are Betting On JPMorgan Chase
Portfolio Pulse from Benzinga Insights
A large bearish position on JPMorgan Chase (NYSE:JPM) has been spotted, with 63 uncommon options trades identified. The sentiment of these big-money traders is split between 41% bullish and 58% bearish. Whales have been targeting a price range of $105 to $145 for JPMorgan Chase over the last 3 months.
June 06, 2023 | 7:16 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
A large bearish position has been identified in JPMorgan Chase (NYSE:JPM) with 63 uncommon options trades. The sentiment of big-money traders is split 41% bullish and 58% bearish, targeting a price range of $105 to $145.
The large bearish position identified in JPMorgan Chase indicates that big-money traders are expecting the stock price to decline in the short term. With 58% of the sentiment being bearish, this could lead to a negative impact on the stock price. Additionally, the targeted price range of $105 to $145 suggests that there is potential for price movement within this range.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100