JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $115.00 short put and a strike $110.00 long put offers a potential 25.63% 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 $115.00 by expiration. The full premium credit of $1.02 would be kept by the premium seller. The risk of $3.98 would be incurred if the stock dropped below the $110.00 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
JPMorgan CEO's Plan to Stay Five Years Shows He's Up for Another Crisis
Tue, 30 Jan 2018 00:42:00 +0000
Under JPMorgan CEO Jamie Dimon's own formula, a financial crisis happens every five to seven years. It's now been a decade since the last crisis.
JPMorgan promotes Pinto and Smith, fueling race to succeed Dimon
Tue, 30 Jan 2018 00:31:31 +0000
JPMorgan Chase & Co on Monday promoted Daniel Pinto and Gordon Smith to be co-presidents and co-chief operating officers, a move seen as heightening competition for the job of CEO held by Jamie Dimon. Pinto and Smith run JPMorgan's most prominent businesses, with Pinto, 55, overseeing the corporate and investment banking unit while Smith, 59, runs consumer and community banking.
JPMorgan promotes Pinto and Smith, fuelling race to succeed Dimon
Mon, 29 Jan 2018 23:07:42 +0000
JPMorgan Chase & Co (JPM.N) on Monday promoted Daniel Pinto and Gordon Smith to be co-presidents and co-chief operating officers, a move seen as heightening competition for the job of CEO held by Jamie Dimon. Pinto and Smith run JPMorgan's most prominent businesses, with Pinto, 55, overseeing the corporate and investment banking unit while Smith, 59, runs consumer and community banking.
Business Highlights
Mon, 29 Jan 2018 22:55:51 +0000
___ More caffeine, please: Keurig is buying Dr Pepper Snapple Keurig is buying Dr Pepper Snapple Group, bringing together the make-at-home coffee brand with the company behind Dr Pepper soda, Mott's apple …
JPMorgan Misses a Chance to Lead By Example
Mon, 29 Jan 2018 22:41:55 +0000
The bank has two women in its senior executive ranks but declined to appoint either as a co-president.
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