JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $62.00 short put and a strike $57.00 long put offers a potential 17.65% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock dropped below the $57.00 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 at 49.19 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
JPMorgan Embraces ‘The World's Dumbest Idea'
Fri, 26 Dec 2014 17:26:00 GMT
Oil slump impact to states
Fri, 26 Dec 2014 13:32:00 GMT
JPMorgan fund in talks on taking $200 mln stake in SpiceJet – paper
Thu, 25 Dec 2014 09:14:04 GMT
JPMorgan fund in talks on taking $200 mln stake in SpiceJet – paper
Thu, 25 Dec 2014 09:14:04 GMT
J.P. Morgan is Top Adviser for Bond Deals in Big Year for Debt
Wed, 24 Dec 2014 19:48:32 GMT
The Wall Street Journal – J.P. Morgan’s debt capital markets team is still on top in the bond world.
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