Moderately bullish activity in JPMorgan (JPM), with shares up $3.38, or 1.17%, near $293.30. Options volume relatively light with 36k contracts traded and calls leading puts for a put/call ratio of 0.79, compared to a typical level near 1.26. Implied volatility (IV30) is higher by 0.2 points near 32.63, in the highest 10% of observations over the past year, suggesting an expected daily move of $6.03. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: JPMorgan (JPM) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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