Bearish options flow identified in JPMorgan (JPM), with shares down 68c near $259.99.Options volume roughly in line with average with 20k contracts traded and puts leading calls for a put/call ratio of 1.1, compared to a typical level near 0.8. Implied volatility (IV30) is higher by 0.7 points near 22.92,and above the 52wk median, suggesting an expected daily move of $3.75. Put-call skew steepened, indicating increased demand for downside protection.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JPM:
- JPMorgan price target raised to $270 from $251 at Truist
- JPMorgan CEO Jamie Dimon Says Bank Will “Deepen Engagement” with China
- Major banks debate on teaming up to issue joint stablecoin, WSJ reports
- JPMorgan Chase Shareholders Approve Key Proposals at Meeting
- AI Daily: JPMorgan to lend over $7B for OpenAI data center
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue