JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $59.00 short put and a strike $54.00 long put offers a potential 5.49% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $59.00 by expiration. The full premium credit of $0.26 would be kept by the premium seller. The risk of $4.74 would be incurred if the stock dropped below the $54.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for JP Morgan is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for JP Morgan is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for JP Morgan
RBS set to raise $4 billion from U.S. listing of Citizens
Tue, 09 Sep 2014 00:56:40 GMT
Billionaire Guo Buys Fashion Brands as He Chases Buffett
Mon, 08 Sep 2014 22:00:07 GMT
Palo Alto Networks Seen Gaining Share Ahead Of Q4
Mon, 08 Sep 2014 17:41:00 GMT
Banks Join MGIC Pushing to Ease Insurer Capital Plan
Mon, 08 Sep 2014 16:59:44 GMT
Bloomberg – Bankers joined loan guarantors in pushing the Federal Housing Finance Agency to ease proposed capital rules for mortgage insurers, saying the plan will make borrowing less affordable for homebuyers unless it’s revised. The Mortgage Bankers Association and MGIC Investment Corp. (MTG) suggested changes to rules tied to premiums and the amount of funds required to be held. The firms didn’t call for a wholesale rewrite of the proposed Private Mortgage Insurance Eligibility Requirements, or PMIERs, for firms that do business with Fannie Mae and Freddie Mac. “The PMIERs could lead to notable increases in mortgage insurance premiums,” the bankers group said in a letter to the regulator.
Bank Of America Sees CCB As Underappreciated Earnings Machine For JPMorgan Chase & Co.
Mon, 08 Sep 2014 15:09:28 GMT
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