Market Whales and Their Recent Bets on JPM Options
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish sentiment on JPMorgan Chase (JPM) through options trading, with a mix of bullish and bearish trades observed. The trading activity suggests a target price range of $160 to $200 for JPM over the next three months. Analysis of the largest trades includes both puts and calls with varying sentiments and strike prices. JPMorgan Chase, a major financial institution with nearly $3.9 trillion in assets, has seen its stock price increase by 0.49% to $192.69. Analysts have given JPM an average target price of $212.4, with ratings ranging from Market Perform to Overweight.

May 08, 2024 | 4:01 pm
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POSITIVE IMPACT
JPMorgan Chase has seen bullish options trading, with a current stock price increase to $192.69 and an average analyst target price of $212.4.
The bullish sentiment in options trading, combined with a recent stock price increase and positive analyst ratings, suggests a potential short-term upward movement in JPM's stock price. The average target price of $212.4 by analysts further supports this outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100