Hamzei_Analytics · @HFT_StockOption
15th Mar 2013 from Twitlonger
March 15, 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 $0.28
SELL To OPEN 2 JPM Apr-20 50 Calls trading at $1.02
JPM is now trading at $49.72
This spread is now trading at $0.96
The Total Debit of this trade is $1.92
Day Order Only