JPMorgan Earnings: Options Market Bets on 2.8% Swing
Part of composite article Options Traders Brace for Wild Swings as Banks and Health Giants Report Earnings View full article →
Investors expect JPMorgan Chase (JPM) stock to move sharply after the bank reports earnings. The options market is pricing in a 2.8% swing in the share price.
This figure comes from options contracts, which are financial agreements that give buyers the right to trade a stock at a set price. Traders use these contracts to bet on or protect against big price changes.
A 2.8% move is significant for a major bank stock. It signals that investors are bracing for volatility, or sharp price ups and downs, when the earnings report is released.
The exact date of the earnings release was not specified in the source material.