JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $52.50 short put and a strike $45.00 long put offers a potential 6.99% 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 $52.50 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $7.01 would be incurred if the stock dropped below the $45.00 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 67.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
JPMorgan in $4 billion deal with U.S. housing agency
Sat, 19 Oct 2013 04:53:08 GMT
JPMorgan in $4 billion deal with U.S. housing agency
Sat, 19 Oct 2013 04:53:08 GMT
[$$] J.P. Morgan, Housing Regulator Reach $4 Billion Deal
Sat, 19 Oct 2013 03:50:18 GMT
The Wall Street Journal – The bank has reached a tentative agreement of roughly $4 billion to settle Federal Housing Finance Agency claims it misled Fannie Mae and Freddie Mac about the quality of mortgages it sold to them during …
JPMorgan in $4 billion deal with U.S. housing agency
Fri, 18 Oct 2013 23:00:15 GMT
JPMorgan in $4 billion deal with U.S. housing agency
Fri, 18 Oct 2013 22:55:28 GMT
Reuters – JPMorgan Chase & Co has reached a tentative $4 billion deal with the U.S. Federal Housing Finance Agency to settle claims that the bank misled government-sponsored mortgage agencies about the quality of …
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