Option traders moderately bearish in JPMorgan with shares down 2.26%
Option traders moderately bearish in JPMorgan (JPM), with shares down $7.67 near $331.55. Options volume relatively light with 46k contracts traded and calls leading puts for a put/call ratio of 0.84, compared to a typical level near 0.76. Implied volatility (IV30) is higher by 0.9 points near 25.99,and above the 52wk median, suggesting an expected daily move of $5.43. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: JPMorgan (JPM) will report earnings before the open on 2026-07-14.Option markets are pricing in a 50% probability of a move greater than 3.21% or $10.66.
Option traders moderately bearish in JPMorgan (JPM), with shares down $7.67 near $331.55.
Options volume relatively light with 46k contracts traded and calls leading puts for a put/call ratio of 0.84, compared to a typical level near 0.76.
Implied volatility (IV30) is higher by 0.9 points near 25.99,and above the 52wk median, suggesting an expected daily move of $5.43.
Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: JPMorgan (JPM) will report earnings before the open on 2026-07-14.Option markets are pricing in a 50% probability of a move greater than 3.21% or $10.66.