The JPM short-collar strike was support for the week. The expected-move range outlined above held strong for 4/5 days this week through Thursday's close. Friday's price action popped through the upper end of the range as shorts got squeezed on a gap higher based on a slightly weaker than expected PCE inflation print.
When looking at the different expected move calculations provided above, price closed only about 23 points above the upper end of the wider version of this range (4260-4428).
"The weekly expected move from a leading brokerage is given at 57 points approximately. This equates to a range of 4291 to about 4405. The 16-delta calculation for the weekly expected move is a little wider, showing an expected move range of $4278–$4410. One other calculation using IV for the June 30 expiration is somewhat wider than the other two ranges at 4260-4428"