JPM JPMorgan Chase & Co Options Ahead of Earnings

11 באוק׳ 2023

If you haven`t sold JPM here:

or reentered ahead of the previous earnings:

Now analyzing the options chain and the chart patterns of JPM JPMorgan Chase & Co prior to the earnings report this week,
I would consider purchasing the 147usd strike price Calls with
an expiration date of 2023-10-13,
for a premium of approximately $1.91.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

16 באוק׳ 2023

עסקה סגורה: היעד הושג

JPM traded at $153.14 at the expiration, and the Calls went up from $1.91 to $1.63 for a fantastic 3.2X gain!