JPM240517C00167500 Option on JPMorgan Chase
| JPM Stock | USD 197.26 1.90 0.95% |
JPMorgan Chase's latest option contracts expiring on 2024-06-07 are carrying combined implied volatility of 35.22 with a put-to-call open interest ratio of 1.3 over 90 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on 2024-06-07. The current put volume is at 5.5 K, with calls trading at the volume of 16.4 K. This yields a 0.34 put-to-call volume ratio.
Open Interest Against 2024-06-07 Option Contracts
2024-06-07
The chart above shows JPMorgan Chase's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. JPMorgan Chase's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for JPMorgan Chase's option, there is no secondary market available for investors to trade.
JPMorgan Chase Maximum Pain Price across 2024-06-07 Option Contracts
Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as JPMorgan Chase close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
JPMorgan Chase's option chain provides insight into all available option contracts written on JPMorgan Chase's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of JPMorgan Chase's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given JPMorgan option contract.
In The Money vs. Out of Money Option Contracts on JPMorgan Chase
Analyzing JPMorgan Chase's in-the-money options over time can help investors to take a profitable long position in JPMorgan Chase regardless of its overall volatility. This is especially true when JPMorgan Chase's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money JPMorgan Chase's options could be used as guardians of the underlying stock as they move almost dollar for dollar with JPMorgan Chase's stock while costing only a fraction of its price.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Please note that buying 'in-the-money' options on JPMorgan Chase lessens the impact of time decay, as they carry both intrinsic and time value. So, even if JPMorgan Chase's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money JPMorgan Chase contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if JPMorgan Stock moves the wrong way.
At this time, JPMorgan Chase's Total Stockholder Equity is very stable compared to the past year. As of the 6th of June 2024, Liabilities And Stockholders Equity is likely to grow to about 4.1 T, though Other Stockholder Equity is likely to grow to (24.8 B). JPMorgan Chase In The Money Call Balance
When JPMorgan Chase's strike price is surpassing the current stock price, the option contract against JPMorgan Chase Co stock is said to be in the money. When it comes to buying JPMorgan Chase's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on JPMorgan Chase Co are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
JPMorgan Current Options Market Mood
JPMorgan Chase's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps JPMorgan Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of JPMorgan Chase's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. JPMorgan Chase's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current JPMorgan Chase's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current JPMorgan contract
Base on the Rule 16, the options market is currently suggesting that JPMorgan Chase Co will have an average daily up or down price movement of about 2.2% per day over the life of the 2024-06-07 option contract. With JPMorgan Chase trading at USD 197.26, that is roughly USD 4.34. If you think that the market is fully incorporating JPMorgan Chase's daily price movement you should consider buying JPMorgan Chase Co options at the current volatility level of 35.22%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
JPMorgan |
Purchasing JPMorgan Chase options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" JPMorgan calls. Remember, the seller must deliver JPMorgan Chase Co stock to the call owner when a call is exercised.
JPMorgan Chase Option Chain
When JPMorgan Chase's strike price is surpassing the current stock price, the option contract against JPMorgan Chase Co stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
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JPMorgan Chase's option chain is a display of a range of information that helps investors for ways to trade options on JPMorgan. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for JPMorgan. It also shows strike prices and maturity days for a JPMorgan Chase against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-06-07 CALL at $110.0 | 0.9989 | 1.0E-4 | 0 | 2024-06-07 | 85.5 - 89.05 | 0.0 | In |
Call | 2024-06-07 CALL at $115.0 | 0.9896 | 6.0E-4 | 0 | 2024-06-07 | 80.9 - 84.0 | 0.0 | In |
Call | 2024-06-07 CALL at $120.0 | 0.9912 | 5.0E-4 | 0 | 2024-06-07 | 75.65 - 79.15 | 0.0 | In |
Call | 2024-06-07 CALL at $125.0 | 0.9404 | 0.0018 | 0 | 2024-06-07 | 70.35 - 74.15 | 0.0 | In |
Call | 2024-06-07 CALL at $130.0 | 0.9811 | 0.0011 | 0 | 2024-06-07 | 66.0 - 69.15 | 0.0 | In |
Call | 2024-06-07 CALL at $135.0 | 0.9891 | 8.0E-4 | 0 | 2024-06-07 | 60.85 - 63.95 | 0.0 | In |
Call | 2024-06-07 CALL at $140.0 | 0.9388 | 0.0025 | 1 | 2024-06-07 | 55.65 - 58.65 | 64.46 | In |
Call | 2024-06-07 CALL at $145.0 | 0.9601 | 0.0023 | 0 | 2024-06-07 | 51.75 - 54.05 | 0.0 | In |
Call | 2024-06-07 CALL at $150.0 | 0.9363 | 0.0033 | 0 | 2024-06-07 | 45.75 - 48.4 | 0.0 | In |
Call | 2024-06-07 CALL at $155.0 | 0.9782 | 0.0021 | 0 | 2024-06-07 | 40.85 - 44.1 | 0.0 | In |
Call | 2024-06-07 CALL at $160.0 | 0.9557 | 0.0037 | 0 | 2024-06-07 | 36.3 - 39.2 | 0.0 | In |
Call | 2024-06-07 CALL at $165.0 | 0.9939 | 0.0012 | 1 | 2024-06-07 | 31.05 - 33.55 | 34.49 | In |
Call | 2024-06-07 CALL at $170.0 | 0.9561 | 0.0053 | 3 | 2024-06-07 | 26.2 - 29.0 | 29.42 | In |
Call | 2024-06-07 CALL at $172.5 | 0.9925 | 0.0019 | 0 | 2024-06-07 | 24.35 - 25.25 | 0.0 | In |
Call | 2024-06-07 CALL at $175.0 | 0.9076 | 0.009 | 1 | 2024-06-07 | 21.2 - 23.1 | 24.37 | In |
Call | 2024-06-07 CALL at $177.5 | 0.9991 | 4.0E-4 | 1 | 2024-06-07 | 19.35 - 20.2 | 22.91 | In |
Call | 2024-06-07 CALL at $180.0 | 0.8833 | 0.0125 | 51 | 2024-06-07 | 16.9 - 19.5 | 18.2 | In |
Call | 2024-06-07 CALL at $182.5 | 0.9073 | 0.014 | 36 | 2024-06-07 | 13.85 - 16.05 | 15.3 | In |
Call | 2024-06-07 CALL at $185.0 | 0.9646 | 0.011 | 43 | 2024-06-07 | 10.75 - 14.0 | 14.6 | In |
Call | 2024-06-07 CALL at $187.5 | 0.9513 | 0.0165 | 10 | 2024-06-07 | 7.95 - 11.85 | 13.95 | In |
Call | 2024-06-07 CALL at $190.0 | 0.9034 | 0.0297 | 85 | 2024-06-07 | 6.95 - 8.6 | 7.54 | In |
Call | 2024-06-07 CALL at $192.5 | 0.8209 | 0.049 | 280 | 2024-06-07 | 3.85 - 5.45 | 5.3 | In |
Call | 2024-06-07 CALL at $195.0 | 0.733 | 0.088 | 701 | 2024-06-07 | 2.64 - 2.9 | 2.89 | In |
Call | 2024-06-07 CALL at $197.5 | 0.4763 | 0.1205 | 1577 | 2024-06-07 | 1.17 - 1.25 | 1.16 | Out |
Call | 2024-06-07 CALL at $200.0 | 0.2071 | 0.0872 | 3679 | 2024-06-07 | 0.37 - 0.38 | 0.38 | Out |
Call | 2024-06-07 CALL at $202.5 | 0.067 | 0.0379 | 3313 | 2024-06-07 | 0.09 - 0.11 | 0.1 | Out |
Call | 2024-06-07 CALL at $205.0 | 0.0218 | 0.0139 | 4343 | 2024-06-07 | 0.03 - 0.04 | 0.03 | Out |
Call | 2024-06-07 CALL at $207.5 | 0.013 | 0.0075 | 912 | 2024-06-07 | 0.01 - 0.03 | 0.02 | Out |
Call | 2024-06-07 CALL at $210.0 | 0.0063 | 0.0036 | 2358 | 2024-06-07 | 0.0 - 0.01 | 0.01 | Out |
Call | 2024-06-07 CALL at $212.5 | 0.0055 | 0.0027 | 52 | 2024-06-07 | 0.0 - 0.01 | 0.01 | Out |
Call | 2024-06-07 CALL at $235.0 | 0.0068 | 0.0014 | 11 | 2024-06-07 | 0.0 - 0.24 | 0.03 | Out |
Put | 2024-06-07 PUT at $165.0 | -0.0026 | 6.0E-4 | 2278 | 2024-06-07 | 0.0 - 0.01 | 0.01 | Out |
Put | 2024-06-07 PUT at $170.0 | -0.0053 | 0.0013 | 2223 | 2024-06-07 | 0.0 - 0.01 | 0.02 | Out |
Put | 2024-06-07 PUT at $175.0 | -0.0036 | 0.0012 | 449 | 2024-06-07 | 0.0 - 0.02 | 0.01 | Out |
Put | 2024-06-07 PUT at $177.5 | -0.004 | 0.0015 | 420 | 2024-06-07 | 0.01 - 0.02 | 0.01 | Out |
Put | 2024-06-07 PUT at $180.0 | -0.0079 | 0.0029 | 689 | 2024-06-07 | 0.01 - 0.02 | 0.02 | Out |
Put | 2024-06-07 PUT at $182.5 | -0.009 | 0.0037 | 710 | 2024-06-07 | 0.02 - 0.03 | 0.02 | Out |
Put | 2024-06-07 PUT at $185.0 | -0.0144 | 0.0063 | 822 | 2024-06-07 | 0.02 - 0.04 | 0.03 | Out |
Put | 2024-06-07 PUT at $187.5 | -0.0253 | 0.0114 | 218 | 2024-06-07 | 0.04 - 0.05 | 0.05 | Out |
Put | 2024-06-07 PUT at $190.0 | -0.0361 | 0.0191 | 821 | 2024-06-07 | 0.06 - 0.08 | 0.06 | Out |
Put | 2024-06-07 PUT at $192.5 | -0.0926 | 0.0451 | 2169 | 2024-06-07 | 0.12 - 0.16 | 0.16 | Out |
Put | 2024-06-07 PUT at $195.0 | -0.2385 | 0.0952 | 1741 | 2024-06-07 | 0.44 - 0.49 | 0.46 | Out |
Put | 2024-06-07 PUT at $197.5 | -0.5256 | 0.1268 | 1742 | 2024-06-07 | 1.3 - 1.38 | 1.37 | In |
Put | 2024-06-07 PUT at $200.0 | -0.8243 | 0.0924 | 2064 | 2024-06-07 | 2.94 - 3.15 | 3.0 | In |
Put | 2024-06-07 PUT at $202.5 | -0.8755 | 0.0464 | 496 | 2024-06-07 | 4.5 - 5.9 | 5.5 | In |
Put | 2024-06-07 PUT at $205.0 | -0.8146 | 0.0323 | 110 | 2024-06-07 | 6.1 - 8.55 | 5.3 | In |
Put | 2024-06-07 PUT at $207.5 | -0.878 | 0.0248 | 0 | 2024-06-07 | 9.95 - 11.5 | 6.88 | In |
Put | 2024-06-07 PUT at $210.0 | -0.8285 | 0.0202 | 0 | 2024-06-07 | 11.55 - 13.85 | 9.1 | In |
Put | 2024-06-07 PUT at $212.5 | -0.9154 | 0.0148 | 0 | 2024-06-07 | 14.05 - 17.2 | 0.0 | In |
Put | 2024-06-07 PUT at $215.0 | -0.9293 | 0.012 | 0 | 2024-06-07 | 16.5 - 19.65 | 0.0 | In |
Put | 2024-06-07 PUT at $217.5 | -0.9521 | 0.0088 | 0 | 2024-06-07 | 18.7 - 22.2 | 0.0 | In |
Put | 2024-06-07 PUT at $220.0 | -0.9812 | 0.0045 | 0 | 2024-06-07 | 21.6 - 24.0 | 0.0 | In |
Put | 2024-06-07 PUT at $222.5 | -0.8884 | 0.0101 | 0 | 2024-06-07 | 23.6 - 26.2 | 0.0 | In |
Put | 2024-06-07 PUT at $225.0 | -0.995 | 0.0015 | 0 | 2024-06-07 | 26.1 - 29.4 | 0.0 | In |
Put | 2024-06-07 PUT at $227.5 | -0.8863 | 0.0087 | 0 | 2024-06-07 | 28.45 - 31.4 | 0.0 | In |
Put | 2024-06-07 PUT at $230.0 | -0.888 | 0.008 | 0 | 2024-06-07 | 31.1 - 33.95 | 0.0 | In |
Put | 2024-06-07 PUT at $235.0 | -0.9867 | 0.0032 | 0 | 2024-06-07 | 36.45 - 39.15 | 0.0 | In |
Put | 2024-06-07 PUT at $240.0 | -0.8951 | 0.0062 | 0 | 2024-06-07 | 41.25 - 44.1 | 0.0 | In |
Put | 2024-06-07 PUT at $245.0 | -0.8985 | 0.0056 | 0 | 2024-06-07 | 45.75 - 49.15 | 0.0 | In |
Put | 2024-06-07 PUT at $250.0 | -0.981 | 0.0021 | 0 | 2024-06-07 | 51.4 - 54.35 | 0.0 | In |
Put | 2024-06-07 PUT at $255.0 | -0.9309 | 0.0041 | 0 | 2024-06-07 | 56.3 - 58.65 | 0.0 | In |
Put | 2024-06-07 PUT at $260.0 | -0.9916 | 0.0033 | 0 | 2024-06-07 | 60.8 - 64.6 | 62.79 | In |
Put | 2024-06-07 PUT at $265.0 | -0.9169 | 0.0039 | 0 | 2024-06-07 | 65.95 - 69.1 | 0.0 | In |
Put | 2024-06-07 PUT at $270.0 | -0.9218 | 0.0036 | 0 | 2024-06-07 | 71.05 - 74.05 | 0.0 | In |
JPMorgan Chase Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
JPMorgan Chase Market Cap Over Time
Market Cap |
| Timeline |
JPMorgan Total Stockholder Equity
Total Stockholder Equity |
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JPMorgan Chase Corporate Directors
| Todd Combs | Independent Director | Profile | |
| Lee Raymond | Lead Independent Director | Profile | |
| James Crown | Independent Director | Profile | |
| Linda Bammann | Independent Director | Profile |
Additional Information and Resources on Investing in JPMorgan Stock
When determining whether JPMorgan Chase is a strong investment it is important to analyze JPMorgan Chase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JPMorgan Chase's future performance. For an informed investment choice regarding JPMorgan Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JPMorgan Chase. If investors know JPMorgan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JPMorgan Chase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.083 | Dividend Share 4.25 | Earnings Share 16.57 | Revenue Per Share 51.308 | Quarterly Revenue Growth 0.111 |
The market value of JPMorgan Chase is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Chase's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Chase's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan Chase's market value can be influenced by many factors that don't directly affect JPMorgan Chase's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan Chase's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Chase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Chase's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.