Bearish flow noted in JPMorgan with 28,403 puts trading, or 1.4x expected. Most active are Dec-22 115 puts and 12/9 weekly 134 puts, with total volume in those strikes near 6,500 contracts. The Put/Call Ratio is 1.56, while ATM IV is up nearly 2 points on the day. Earnings are expected on January 13th.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on JPM:
- Wall Street banks consider bonus cuts up to 30%, Bloomberg reports
- JPMorgan put volume heavy and directionally bearish
- JP Morgan, WFC, and BAC in Talks to Reimburse Scammed Zelle Customers
- JPMorgan, others discuss how to reimburse scammed Zelle customers, WSJ reports
- 2 High-Yield Preferred Shares with Upside Potential