Behind the Scenes of JPMorgan Chase's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading activity for JPMorgan Chase (NYSE:JPM) shows a split sentiment among big-money traders, with 55% bearish and 44% bullish positions. Notably, a significant put option trade worth $955,500 was observed. The price range being targeted is between $170 and $200. The current stock price is $197.69, up 0.71%.
June 24, 2024 | 2:03 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Recent options trading activity for JPMorgan Chase shows a split sentiment among big-money traders, with a slight bearish tilt. A significant put option trade worth $955,500 was observed, indicating potential downside risk. The current stock price is $197.69, up 0.71%.
The observed options trading activity, particularly the significant put option trade, suggests that some big-money traders are anticipating a potential downside for JPMorgan Chase. This could lead to short-term price pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100