DISCLAIMER: This is not trade advice. This is for educational & entertainment purposes only to demonstrate how I am looking to be involved with this market. Trading involves significant risk, do your own due diligence. A concerning sign for JPM bulls triggered today. We saw the DPO & CCI divergence confirmed. Price targets to the downside of this confirmation...
If you haven`t sold JPM here: or bought it here: Then analyzing the options chain of JPM JPMorgan Chase prior to the earnings report this week, I would consider purchasing the 145usd strike price Calls with an expiration date of 2023-7-21, for a premium of approximately $4.15. If these options prove to be profitable prior to the earnings release, I would sell...
If you haven`t sold JPM here: Then looking at the JPM JPMorgan Chase & Co. options chain ahead of earnings , I would buy the FWB:124 strike price Puts with 2023-4-14 expiration date for about $1.35 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
JB Morgan Bank will collapse we are already at the beginning of a financial global crisis and it will be affect even on stock prices and we may see stocks fall by 90-95% of current prices. The gold is the only one safest in this next collapse. Even Bitcoin will not survive this collapse and will be pricely affected significantly and can see it on 1k or lower, so...
With the recent news of SIVB's collapse, there is now fear in the market towards banks. JPM showed very impulsive rejection at a previous weekly/monthly area of support which is now acting as resistance. Could be a great opportunity for puts with expos a month out.
Looking at the JPM JPMorgan Chase options chain, i would buy the $135 strike price Puts with 2023-6-16 expiration date for about $7.90 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
If you haven`t sold JPM after the profit fall: Then you should know that looking at the JPM JPMorgan Chase options chain, i would buy the $104 strike price Puts with 2022-10-14 expiration date for about $2.09 premium. Looking forward to read your opinion about it.
If you haven`t shorted JPM after the Q1 results: then ahead of Q2 earnings I would buy the following JPMorgan Chase & Co. (JPM) puts: 2023-1-20 expiration date $113.19 entry price (approximatively) $90 strike price $3.15 premium/share Looking forward to read your opinion about it.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
JPMorgan Q1 net income $8.3 billion, or $2.63 per share, -42% from Q1 of 2021 when JPM posted a profit of $14.3 billion, or $4.50 per share. I expect a retracement to the $119 support on this news, if not even lower.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
$JPM returned from its descending resistance. Resistance should be confirmed in following weeks. Overall perspective reflects a pennant pattern. If it breaks ascending support line, next target can be 35.5. Next support test can be in a month.
Short on JPM, still practicing fib spirals, may be for awhile, enjoying them. hope you guys enjoy.. Bullish 'Fib' wave in green, bearish in yellow Top to bottom for bullish waves Bottom to top for bearish waves ~Spirals