Spotlight on JPMorgan Chase: Analyzing the Surge in Options Activity

Whales with a lot of money to spend have taken a noticeably bearish stance on JPMorgan Chase.

Looking at options history for JPMorgan Chase JPM we detected 15 trades.

If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 60% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $164,636 and 13, calls, for a total amount of $833,971.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $120.0 to $220.0 for JPMorgan Chase over the recent three months.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in JPMorgan Chase's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to JPMorgan Chase's substantial trades, within a strike price spectrum from $120.0 to $220.0 over the preceding 30 days.

JPMorgan Chase 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
JPM CALL TRADE NEUTRAL 12/20/24 $160.00 $137.6K 62 32
JPM CALL TRADE NEUTRAL 04/19/24 $155.00 $136.4K 1.7K 41
JPM PUT SWEEP BEARISH 06/20/25 $175.00 $134.3K 134 0
JPM CALL TRADE BULLISH 11/15/24 $175.00 $116.4K 240 50
JPM CALL TRADE BEARISH 12/19/25 $120.00 $79.7K 108 0

About JPMorgan Chase

JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.

JPMorgan Chase's Current Market Status

  • With a volume of 1,897,205, the price of JPM is up 0.96% at $197.61.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 16 days.

Expert Opinions on JPMorgan Chase

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $203.8.

  • Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $185.
  • An analyst from Piper Sandler persists with their Overweight rating on JPMorgan Chase, maintaining a target price of $210.
  • An analyst from RBC Capital downgraded its action to Outperform with a price target of $185.
  • Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for JPMorgan Chase, targeting a price of $220.
  • An analyst from Oppenheimer persists with their Outperform rating on JPMorgan Chase, maintaining a target price of $219.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest JPMorgan Chase options trades with real-time alerts from Benzinga Pro.

Market News and Data brought to you by Benzinga APIs
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Posted In: OptionsMarketsBZI-UOA
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