JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $60.50 short put and a strike $55.50 long put offers a potential 6.38% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.50 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $55.50 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 at 62.98 level which suggests that the stock is neither overbought nor oversold at this time.
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
JPMorgan Said to Place U.S. Mortgage Securities Trader on Leave
Fri, 05 Dec 2014 00:29:06 GMT
JPMorgan continues run as top ranked investment bank
Fri, 05 Dec 2014 00:08:47 GMT
JPMorgan continues run as top ranked investment bank
Thu, 04 Dec 2014 23:59:59 GMT
Reuters – U.S. bank JPMorgan retained its crown as the top performing investment bank in the first nine months of the year, having made revenue of $17.1 billion in the year-to-date, new data showed on Friday. In …
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Thu, 04 Dec 2014 23:23:00 GMT
U.S. swaps regulator wants tighter clearing house rules
Thu, 04 Dec 2014 16:17:04 GMT
Reuters – Regulators should consider tighter rules for clearing houses given their crucial role as guardians against market routs after the 2007-2009 credit crisis, a senior U.S. swaps regulator said on Thursday. …
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