JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $59.50 short put and a strike $54.50 long put offers a potential 8.23% 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 $59.50 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock dropped below the $54.50 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 61.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
JPMorgan, EFG-Hermes Said to Be Working With Emaar on Egypt IPO
Mon, 03 Nov 2014 08:49:50 GMT
JPMorgan has not ‘exited physical commodities' despite sale
Mon, 03 Nov 2014 08:18:31 GMT
Financial Times – JPMorgan Chase has not abandoned physical commodities in spite of increased scrutiny from regulators and politicians, and will continue to finance metals and crude oil as it battles to keep its market …
Treasury Auctions for the Week of Nov. 3
Mon, 03 Nov 2014 00:29:04 GMT
One year after Target’s breach: What have we learned?
Sat, 01 Nov 2014 13:22:40 GMT
J.P. Morgan found hackers through breach of corporate event website – media
Sat, 01 Nov 2014 05:36:53 GMT
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