JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $121.00 short put and a strike $116.00 long put offers a potential 42.05% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $121.00 by expiration. The full premium credit of $1.48 would be kept by the premium seller. The risk of $3.52 would be incurred if the stock dropped below the $116.00 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 65.4 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
MOVES-JPMorgan hires UBS's Huang for Asia ECM role – sources
Mon, 07 Dec 2020 05:17:38 +0000
JPMorgan has hired UBS banker Peihao Huang to become the co-head of its equity capital markets (ECM) business in Asia, not including Japan, according to two sources with direct knowledge of the matter. Huang was UBS's head of Asia ECM but resigned from the Swiss bank on Monday to join the U.S. firm, the people said.
Earnings Reports for the Week of Dec. 7-11 (CHWY, COST, GME)
Sun, 06 Dec 2020 22:50:00 +0000
Check out our earnings calendar for the upcoming week, as well as our previews of the more noteworthy reports.
Asian Stocks Down Over Rising U.S.-China Tensions, Disappointing U.S. Jobs Data
Sun, 06 Dec 2020 21:39:52 +0000
By Gina Lee
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in JPMorgan Chase & Co. of Class Action Lawsuit and Upcoming Deadline – JPM
Sat, 05 Dec 2020 21:07:00 +0000
NEW YORK, NY / ACCESSWIRE / December 5, 2020 / Pomerantz LLP announces that a class action lawsuit has been filed against JPMorgan Chase & Co.
Rosen, A Leading and Longstanding Law Firm, Reminds JPMorgan Chase & Co. Investors of Important December 23 Deadline in First Filed Securities Class Action Commenced by the Firm; Encourages Investors with Losses in Excess of $100K to Contact the Firm – JPM
Fri, 04 Dec 2020 22:15:00 +0000
New York, New York–(Newsfile Corp. – December 4, 2020) – Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of JPMorgan Chase & Co. (NYSE: JPM) between February 23, 2016 and September 23, 2020, inclusive (the “Class Period”), of the important December 23, 2020 lead plaintiff deadline in the securities class action first filed by the firm. The lawsuit seeks to recover damages for JPMorgan investors under the federal …
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