JPM

Income Masters Trade Alert: JPM

Let’s book fast profits on our JPMorgan Chase (JPM) put, earning a 0.3% return in two days, or 59% annualized. Current Stock Price: $124.89 Cash in Hand: $0.80 Action: Buy to close the JPM Nov Week One (11/4) 117 Put for around $0.42, but adjust as needed to close today Profit: $0.38, or $38 per…

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Income Masters Trade Alert: JPM

Let’s book fast profits on our JPMorgan Chase (JPM) put, earning a 0.3% return in two days, or 56% annualized. And please be on the lookout for new trades via alert. Current Stock Price: $117.73 Cash in Hand: $0.60 Action: Buy to close the JPM Oct Monthly (10/21) 115 Put for around $0.25, but adjust…

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Income Masters Trade Alert: JPM

While there is no live trading this week, I want to put on a post-earnings trade. JPMorgan Chase (JPM) beat analysts’ Q3 profit expectations, although profits fell 17% year over year to $9.74 billion. The positive impact of higher interest rates on revenue and earnings is offsetting declines in investment banking. I see these results…

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