Shares of JPMorgan Chase & Co. (JPM) are trading down .08 to 48.53.? JPM is trading near 52-week highs.
Today paper traded a large block of 22,590 JPM Mar 47 puts for 0.60.? The average contract volume is 118,000 contracts per day in the name, and open interest is over 6,000 contracts on the strike.? The implied volatility is down .30 points in March. ?The trade looks to be an aggressive opening seller of OTM puts.
30-day implied volatility is 19%.?? 10-day implied volatility is 17%.? 30-day implied volatility is trading above the 10-day historical volatility.
JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. The Company is a global financial services firm and a banking institution in the United States, with global operations.