Behind the Scenes of JPMorgan Chase's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish trend towards JPMorgan Chase (NYSE:JPM) through significant options activities. Benzinga's options scanner highlighted 8 extraordinary options activities, with 50% of investors leaning bearish. The major market movers are focusing on a price band between $205.0 and $220.0 for JPMorgan Chase. Analysts have mixed ratings, with price targets ranging from $211 to $239.
July 25, 2024 | 2:18 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Deep-pocketed investors have shown a bearish trend towards JPMorgan Chase (NYSE:JPM) through significant options activities. Benzinga's options scanner highlighted 8 extraordinary options activities, with 50% of investors leaning bearish. The major market movers are focusing on a price band between $205.0 and $220.0 for JPMorgan Chase.
The significant bearish options activities indicate that major investors are expecting a decline in JPMorgan Chase's stock price. This sentiment is supported by the high volume of puts and bearish calls. The mixed analyst ratings add to the uncertainty, but the overall short-term impact is likely negative.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100