JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $155.00 short put and a strike $145.00 long put offers a potential 9.89% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $155.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $9.10 would be incurred if the stock dropped below the $145.00 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 69.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
JPMorgan Switches Up Leadership of Consumer Unit
Wed, 19 May 2021 00:46:00 +0000
Jennifer Piepszak and Marianne Lake will take over from Gordon Smith, who is retiring. Both are considered contenders to succeed CEO Jamie Dimon.
JPMorgan Chase Puts CEO Contenders in Charge of Consumer Operation
Tue, 18 May 2021 21:15:00 +0000
JPMorgan Chase is putting two of the contenders vying to succeed CEO Jamie Dimon in charge of its consumer-banking operation, further cementing them as front-runners to lead the U.S.’s biggest bank.
JPMorgan Puts Two Front-Runners to Succeed CEO Dimon in Charge of Consumer Bank
Tue, 18 May 2021 21:05:00 +0000
Two potential successors for CEO Jamie Dimon will become co-heads of JPMorgan's consumer and community bank.
U.S. Bank Stocks Shine as Investors Bet on an Economic Recovery
Tue, 18 May 2021 20:53:00 +0000
Investors, eager to get exposure to an economic recovery, are pouring into bank stocks like never before, putting the stocks on track for what could be their best year on record compared with the S&P 500.
JPMorgan Chase & Co. Declares Quarterly Coupon on Alerian MLP Index ETN
Tue, 18 May 2021 20:05:00 +0000
JPMorgan Chase & Co. announced today the quarterly coupon amount for the Alerian MLP Index ETN (NYSE Arca: AMJ). The table below summarizes the coupon amount for the Alerian MLP Index ETN (the “Notes”).
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