Whales with a lot of money to spend have taken a noticeably bullish stance on JPMorgan Chase ( JPM ).

Looking at options history for JPMorgan Chase ( JPM ) we detected 27 trades.

If we consider the specifics of each trade, it is accurate to state that 48% of the investors opened trades with bullish expectations and 37% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $115,980 and 24, calls, for a total amount of $3,226,422.

What's The Price Target?

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $190.0 and $350.0 for JPMorgan Chase ( JPM ), spanning the last three months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for JPMorgan Chase's ( JPM ) options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of JPMorgan Chase's ( JPM ) whale activity within a strike price range from $190.0 to $350.0 in the last 30 days.

JPMorgan Chase Option Volume And Open Interest Over Last 30 Days

Largest Options Trades Observed:

About JPMorgan Chase

JPMorgan Chase ( JPM ) is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments: consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan ( JPM ) operates, and is subject to regulation, in multiple countries.

Current Position of JPMorgan Chase

Currently trading with a volume of 2,696,750, the JPM's price is down by -1.25%, now at $285.13.

RSI readings suggest the stock is currently may be overbought.

Anticipated earnings release is in 18 days.

What Analysts Are Saying About JPMorgan Chase

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $288.0.

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* An analyst from Citigroup has decided to maintain their Neutral rating on JPMorgan Chase ( JPM ), which currently sits at a price target of $275.

* An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on JPMorgan Chase ( JPM ), which currently sits at a price target of $240.

* Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on JPMorgan Chase ( JPM ) with a target price of $325.

* An analyst from Wells Fargo persists with their Overweight rating on JPMorgan Chase ( JPM ), maintaining a target price of $320.

* Maintaining their stance, an analyst from Truist Securities continues to hold a Hold rating for JPMorgan Chase ( JPM ), targeting a price of $280.

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