JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 21.07% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 by expiration. The full premium credit of $0.87 would be kept by the premium seller. The risk of $4.13 would be incurred if the stock dropped below the $77.50 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for JP Morgan
JPMorgan Chase Declares Preferred Stock Dividend
Fri, 16 Dec 2016 07:00:00 GMT
Bank Stocks Push Dow Toward 20,000 After 1-Day Fed Pause
Thu, 15 Dec 2016 22:06:09 GMT
Market Indexes Regain Valuations With Increase
Thu, 15 Dec 2016 22:00:04 GMT
What will get us to Dow 20K?
Thu, 15 Dec 2016 22:00:00 GMT
JPMorgan Chase Declares Preferred Stock Dividend
Thu, 15 Dec 2016 21:27:00 GMT
Business Wire – JPMorgan Chase & Co. declared dividends on the outstanding shares of the Firm’s Series R and S preferred stock. Information can be found on the Firm’s Investor Relations website at jpmorganchase.com/press-releases.
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