JPM JPMorgan Chase Options Ahead of Earnings

If you haven`t bought JPM before the breakout:

Now analyzing the options chain and the chart patterns of JPM JPMorgan Chase prior to the earnings report this week,
I would consider purchasing the 245usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $5.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade closed: target reached

JPM traded at $259.47 at expiration, and the calls increased from $5.05 (when I wrote this article) to $14.47 at the close of the session, resulting in about 2.86X gain.

TopgOptions

Private SIGNALS patreon.com/PremiumOptionsSignals
Trading COURSE bit.ly/tradex
RESULTS bit.ly/TG10x
1%/DAY: bit.ly/3F56VTW
CRYPTO partner.bybit.com/b/37880
BUY-SELL INDICATORS tradingindicators.store/

Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.