Check Out What Whales Are Doing With JPM
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards JPMorgan Chase (NYSE:JPM), with a significant move detected in options trading. Benzinga's tracking revealed 38 unusual options activities, with a bearish majority. The price target range for JPM is between $110.0 and $230.0. Notable options activity includes both bullish and bearish sentiments, with a mix of calls and puts. JPMorgan Chase, a major financial institution, is currently trading down by -0.24% at $198.01, with its next earnings report due in 3 days. Analyst opinions on JPM vary, with target prices ranging from $185 to $228.
April 09, 2024 | 3:15 pm
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JPMorgan Chase has seen a bearish sentiment from large investors, with a significant move in options trading indicating potential volatility. The stock is currently down, with a mixed outlook from analysts and an earnings report imminent.
The bearish sentiment among large investors, indicated by the unusual options activity, suggests potential downward pressure on JPM's stock price in the short term. The mixed analyst ratings and the upcoming earnings report add to the uncertainty and potential volatility of the stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100