JPMorgan Chase Unusual Options Activity For August 09
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for JPMorgan Chase (NYSE:JPM), with a large position indicating a bullish stance. The activity includes 16 uncommon options trades, split 50% bullish and 50% bearish. The trades suggest a target price range of $130.0 to $180.0 for JPMorgan Chase over the next three months. The current price of JPM is $154.67, down 0.78%. Analysts have mixed opinions, with upgrades to 'Buy' and downgrades to 'Neutral'.
August 09, 2023 | 7:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Unusual options activity for JPMorgan Chase suggests a bullish stance. The target price range is $130.0 to $180.0 over the next three months. Current price is $154.67, down 0.78%.
The unusual options activity, particularly the large bullish position, suggests that investors are expecting a price increase for JPMorgan Chase. This could potentially drive the stock price up in the short term. However, the mixed analyst opinions may introduce some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100