JPMorgan Chase (JPM)
I will be exiting our JPMorgan Chase (JPM) trade today. I will discuss the trade in greater detail in our upcoming weekly issue and in our subscriber-only webinar later today.
Here is the trade:
Simultaneously:
Buy to close JPM January 19, 2024, 177.5 calls
Sell to close JPM January 19, 2024, 182.5 calls
Buy to close JPM January 19, 2024, 162.5 puts
Sell to close JPM January 19, 2024, 157.5 puts for roughly $0.55 per iron condor.
As always, if you have any questions, please do not hesitate to email me at andy@cabotwealth.com.