Hamzei_Analytics · @HFT_StockOption
13th Mar 2013 from Twitlonger
March 13, 2013
JP Morgan (JPM)
Bias: Bullish
Price Target $52.5
We feel bullish on JPM and want to purchase a call spread to take advantage of the possible move higher.
BUY To OPEN 14 JPM Apr-20 52.5 Calls trading at $1.30
SELL To OPEN 2 JPM Apr-20 50 Calls trading at $0.37
JPM is now trading at $50.32
This spread is now trading at $1.38
The Total Debit of this trade is $2.76
Day Order Only