JPM Jan 2022 120.000 call

OPR - OPR Delayed Price. Currency in USD
4.7300
-0.3500 (-6.89%)
At close: 3:04PM EDT
Stock chart is not supported by your current browser
Previous Close5.0800
Open4.7000
Bid4.8500
Ask5.1000
Strike120.00
Expire Date2022-01-21
Day's Range4.6700 - 5.0700
Contract RangeN/A
Volume88
Open Interest2.87k
  • Barrons.com

    Banks Are Facing Higher Loan Losses Because of the Crisis. Why They Should Be OK.

    Whereas prior credit cycles saw flare-ups in certain industries with spillover effects into others, the forced economic shutdowns to limit the spread of coronavirus were different—swiftly impacting multiple industries at once. “Investors and bankers do not know the full extent of the impact from the COVID-19 coronavirus,” Gerard Cassidy, analyst at RBC Capital Markets, said in a note Friday. Cassidy analyzed the loan portfolios of the nation’s largest banks to see which had the largest exposure to “total elevated-risk loans” such as energy loans, leveraged loans, and other Covid-19-exposed areas.

  • Barrons.com

    The Office You Left Behind Has to Change. Companies Are Trying to Figure Out How.

    Companies say that a return to workspaces will be slow and that they need to be sensitive to employees’ needs and concerns.

  • Hedge Funds Have Never Been This Bullish On JPMorgan Chase & Co. (JPM)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On JPMorgan Chase & Co. (JPM)

    In this article we will take a look at whether hedge funds think JPMorgan Chase & Co. (NYSE:JPM) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get […]

  • These 4 stocks are investment pros’ favorites — and not one is a ‘FAANG’ stock
    MarketWatch

    These 4 stocks are investment pros’ favorites — and not one is a ‘FAANG’ stock

    It takes guts to be a value investor these days. According to a recent analysis from Research Affiliates, value has lagged growth now for more than 13 years — the longest stretch in recorded U.S. market history. This has led to a seemingly-endless series of pronouncements in recent years that value investing is dead.

  • Francis Chou Slims 4 Positions in the 1st Quarter
    GuruFocus.com

    Francis Chou Slims 4 Positions in the 1st Quarter

    Canadian guru releases portfolio. Sells include major Berkshire bank holding Bank of America. Continue reading...

  • Richard Snow Buys Into Tyson and Reduces Dow in 1st Quarter
    GuruFocus.com

    Richard Snow Buys Into Tyson and Reduces Dow in 1st Quarter

    Guru's top buys and sells Continue reading...

  • JPMorgan Chase & Co. Declares Quarterly Coupon on Alerian MLP Index ETN
    Business Wire

    JPMorgan Chase & Co. Declares Quarterly Coupon on Alerian MLP Index ETN

    JPMorgan Chase & Co. announced today the quarterly coupon amount for the Alerian MLP Index ETN (NYSE Arca: AMJ). The table below summarizes the coupon amount for the Alerian MLP Index ETN (the "Notes").

  • Is JPMorgan Stock A Buy Right Now, As The Coronavirus Hits Bank Stocks? Here's What Earnings, Charts Show
    Investor's Business Daily

    Is JPMorgan Stock A Buy Right Now, As The Coronavirus Hits Bank Stocks? Here's What Earnings, Charts Show

    JPMorgan Chase has the reputation of being the best-run banking giant. But is the stock a good buy right now? Here’s a look at the JPM stock chart and fundamentals.

  • JPMorgan Says Central Bank Digital FX a Danger to U.S. Power
    Bloomberg

    JPMorgan Says Central Bank Digital FX a Danger to U.S. Power

    (Bloomberg) -- As the idea of central bank digital currencies starts to gain traction, the U.S. in particular needs to pay attention or risk losing a major aspect of its geopolitical power, according to JPMorgan Chase & Co.“There is no country with more to lose from the disruptive potential of digital currency than the United States,” analysts including Josh Younger, head of U.S. interest-rate derivatives strategy and Michael Feroli, chief U.S. economist, wrote in a report. “This revolves primarily around U.S. dollar hegemony. Issuing the global reserve currency and the medium of exchange for international trade in commodities, goods, and services conveys immense advantages.”Overall, there’s a reasonable case to be made for central banks to introduce digital currencies, the analysts wrote, though they’re unlikely to have the transformative impact some have hoped.Read more: China’s Central Bank to Run Simulations of Digital Currency UseJPMorgan doesn’t see the greenback being toppled as the world’s reserve currency anytime soon. But the analysts wrote that “more fragile” aspects of dollar dominance, including in trade settlement and the SWIFT messaging system, could be at risk. Even an aligned power like the European Union might want to reduce U.S. sway over global payment systems, the analysts said. They pointed to SWIFT suspending access for some Iranian banks in 2018, which arguably might have been a violation of EU laws.Carney Urges Libra-Like Reserve Currency to End Dollar DominanceIf other countries were able to circumvent the SWIFT system and the dollar’s domination, it would be much more difficult for the U.S. to carry out its goals in sanctions and terrorist-financing enforcement, the report said.“Offering a cross-border payments solution built on top of a digital dollar would, particularly if designed to be minimally disruptive to the structure of the domestic financial system, be a very modest investment to protect a key means to project power in the global economy,” they said. “For high-income countries and the U.S. in particular, digital currency is an exercise in geopolitical risk management.”Chairman Jerome Powell said in February that the Federal Reserve was undertaking broad work looking at the issues with regard to a digital currency, while making no commitments. (Adds deck headlines.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Bloomberg

    This Recovery Is Doomed Before It Even Begins

    (Bloomberg Opinion) -- The coronavirus recovery is in trouble before it even begins. As swiftly as the lockdowns across Asia were imposed, the process of lifting them will be slow and uneven. That means the region is months, if not years, away from any semblance of normal.Plans for full and partial reopenings in Australia, Singapore and Thailand sound reasonable in theory, but they won’t deliver the hoped-for economic bounce. These countries, deeply reliant on trade and tourism, remain largely closed to the outside world. Domestic consumers, buffeted by layoffs and wage cuts, are in poor shape to pick up the slack. Bankruptcies in Singapore were climbing even before the most stringent virus-suppression efforts.  In Australia, social engagements can resume and businesses can open their doors. Yet the country is bereft of foreign tourists, new international students and immigrants — and it was workers from abroad who helped drive the 28-year boom that preceded the pandemic. The lockdown has essentially set Australia back four decades, just before Paul Hogan starred in the “Crocodile Dundee” movies, as Bloomberg News's Michael Heath wrote. That era saw a boost in tourism and freer capital markets, with moves to float the local dollar and lower tariffs.Politicians say raising the drawbridge isn't a big deal; domestic spending can make up the difference. Aussies will vacation closer to home. You can simply luxuriate in tropical Queensland resorts instead of the Maldives. But this is a big country with relatively expensive domestic air travel (one of two major carriers just collapsed amid the shutdown). With the jobless rate likely to climb to 10% soon, according to the central bank, any splurge seems frivolous. You can't just plug a labor market back in after cutting the cord.In Singapore, core economic sectors — tourism, lodging and conventions — will be among the last to restart. The government unveiled Tuesday a phased reopening after two months of lockdown. From June 2, schools will gradually welcome back students, limited family visits can occur and many businesses that don't interact with the public can resume. Large corporate gatherings, as well as sporting and cultural events, are on hold. Some activities will be shelved until a vaccine is found, or Covid-19 is no longer deemed a risk.Officials in the city-state say they are prioritizing safety and want to avoid a second wave that will further retard the recovery. While the concern is entirely justified, it comes at a cost: Singapore attracted 19.1 million visitors last year, more than three times its population. Tourism makes up about 4% of GDP, and supports a substantial hotel industry and retail scene. Yet Singapore Airlines Ltd.’s fleet remains mothballed. All this adds up to a grim economic outlook: Gross domestic product will shrink 8.5% this year, Citigroup Inc. predicted.The state of the travel industry makes optimism about Thailand’s prospects all the more puzzling. Wagers on an appreciation of its currency, the baht, appear anchored in the idea of tourists returning. With most borders shut and big economies plagued by historic levels of unemployment, where are these visitors going to come from?While caution is understandable, these awakenings don’t inspire confidence in a long and robust recovery. Global GDP will jump an annualized 37% in July to September after diving in the current quarter, says JPMorgan Chase & Co. Economies are nevertheless unlikely to regain their pre-Covid form anytime soon, and even less likely to do so uniformly. “Along with variation in the peak of containment polices, there has been equally large variation in the degree to which countries are now reversing these measures,” Joseph Lupton, the bank’s global economist in New York, wrote this week. In an effort to crank up the flow of people, countries are exploring green lanes that would prioritize visitors from nations seen to have had success tamping down the virus. That sets a low bar, and would be a step toward restoring tourism and business travel. But it’s a far cry from status-quo ante. Much of Asia rose from agricultural backwaters to urbanized hubs for manufacturing and services because they embraced globalization. An Asia disconnected from the world would be a major step back.  This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Daniel Moss is a Bloomberg Opinion columnist covering Asian economies. Previously he was executive editor of Bloomberg News for global economics, and has led teams in Asia, Europe and North America.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Barrons.com

    JPMorgan Is Shutting 4 ETFs That Act Like Hedge Funds. Here’s Why.

    JPMorgan Chase has decided to shut six exchange-traded funds—including four liquid alternative ETFs—effective in mid-June.

  • Dow Jones Today: Another Round of Unemployment Data Dragged Stocks
    InvestorPlace

    Dow Jones Today: Another Round of Unemployment Data Dragged Stocks

    Stocks stumbled Thursday as the weekly batch of jobless claims data arrived. Suffice to say, the numbers pertaining to last week were terrible, showing 2.44 million American workers filing for initial unemployment benefits.Source: Provided by Finviz * The S&P 500 lost 0.78%. * The Dow Jones Industrial Average dropped 0.41% * The Nasdaq Composite fell 0.97% * Recently resurgent Disney (NYSE:DIS) succumbed to some profit-taking today, becoming the Dow's worst offender.Over the course of the novel coronavirus pandemic, investors have become accustomed to Thursday misery from the weekly jobless claims data, but the markets don't always respond in kind. There have been days when stocks were drubbed on the claims data and others when equities rallied in spite of bleak numbers. Not-terrible losses put today somewhere in the middle.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe other source of pressure on equities today was the once again-eroding relationship between the U.S. and China. In a rare display of bipartisanship, the Senate easily passed a bill, which could bar Chinese companies from listing on traditional U.S. exchanges, if it were to be passed. * 7 Excellent Penny Stocks Ready to Roar As a result, reports surfaced that Baidu (NASDAQ:BIDU), the largest internet search company in China, is mulling pulling its shares from the Nasdaq and pursuing a listing closer to home.In late trading, 23 of 30 Dow stocks were in the red, but each of the losers was off by less than 3%. Yes, Really: Good News for BoeingBoeing (NYSE:BA) was the Dow leader after RBC analyst Michael Eisen initiated coverage of the aerospace stock with an "outperform" rating and a $164 price target.Perhaps even more helpful to the Boeing stock cause today were comments from Southwest Airlines (NYSE:LUV) CEO Gary Kelly. At the airlines' annual shareholders meeting today, Kelly said he's hopeful the carrier can get its fleet of grounded Boeing 737 Max jets airborne again by the fourth quarter. That's big news because Southwest is the largest 737 Max customer. More Reasons to Love AppleAlready one of this year's best-performing mega-cap names, Apple (NASDAQ:AAPL) still has ways to entice investors beyond the iPhone. An emerging theme for Apple is its services business and that segment's growth could be spectacular.In a note out today, Evercore ISI analyst Amit Daryanani detailed how Apple services could eventually be a $100 billion business unto itself. Though putting $100 billion into context, that number is still much less than the current market capitalization for fellow Dow tech stock International Business Machines (NYSE:IBM)."Higher services mix should push gross margins higher and help smooth cyclicality. In addition, Apple continues to build its base of subscription services, which helps make the case for a higher multiple given the recurring nature of the cash flows…Net/net, services remains an underappreciated growth lever especially given the shift in growth towards monetization and subscription based model," said Daryanani. Ominous Dividend CallThe Dow is home to four financial services stocks, three of which closed lower today amid speculation that bank dividends are in danger. That trio includes JPMorgan Chase (NYSE:JPM) and American Express (NYSE:AXP), though the latter isn't a traditional bank.Kristalina Georgieva, managing director at the International Monetary Fund, said in an opinion piece that the $250 billion banks spent on dividends and buybacks last year would be better used to bolster their capital positions. For its part, JPM already nixed its share repurchase plan earlier this year.Travelers (NYSE:TRV) was the lone Dow financial stock in the green today because it's an insurance company and because, well, it already boosted its dividend this year. Bottom Line on the Dow Jones TodayGiven the past weeks of terribly unemployment numbers, we can easily surmise that when the May jobs report is delivered on the first Friday of June, it will be horrific. Perhaps not as bad as the 20.5 million jobs shed in the month of April, but the May number is still smoothly sailing into "ugly" territory.Under some rosy estimates, 80% of the jobs lost due to the coronavirus pandemic will return. The issue there is two-fold. First, anything less than 100% is disappointing and bad for workers and the economy. Second is the length of time it will take for those jobs to come back.Todd Shriber has been an InvestorPlace contributor since 2014. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post Dow Jones Today: Another Round of Unemployment Data Dragged Stocks appeared first on InvestorPlace.

  • Investor Group Sets the Record Straight at GameStop Corp.
    PR Newswire

    Investor Group Sets the Record Straight at GameStop Corp.

    Hestia Capital Partners LP, Permit Capital Enterprise Fund, L.P. and their affiliates (the "Investor Group"), who beneficially own approximately 7.2% of the outstanding common stock of GameStop Corp. ("GameStop" or the "Company") (NYSE: GME), today sent a letter to its fellow stockholders setting the record straight on the Company's poor track record of capital allocation. The letter details how seven of the current Board members caused the Company to issue $825 million of debt from fiscal years 2012 to 2016, largely to undertake a $1.3 billion share repurchase at an average price of $29.86 per share, while six of these same Board members sold approximately $35.8 million of their own stock at an average price of $47.93 per share during this time. These actions are directly responsible for the $420 million of senior notes that the Company has coming due in March 2021. This, along with other missteps by the Board, contradicts the Board's claim that they have strengthened the Company's balance sheet through a prudent and balanced capital allocation strategy.

  • MarketWatch

    Dow drops nearly 150 points on losses for Walt Disney, Coca-Cola stocks

    DOW UPDATE Shares of Walt Disney and Coca-Cola are seeing declines Thursday afternoon, sending the Dow Jones Industrial Average into negative territory. Shares of Walt Disney (DIS) and Coca-Cola (KO) are contributing to the blue-chip gauge's intraday decline, as the Dow (DJIA) was most recently trading 142 points lower (-0.

  • Moody's

    Moody's Fully Supported Municipal & IRB Deals

    Announcement: Moody's Fully Supported Municipal& IRB Deals. Global Credit Research- 20 May 2020. New York, May 20, 2020-- ASSIGNMENTS:.

  • J.P. Morgan Asset Management Launches Two Active Transparent Equity ETFs: JEPI and JIG
    PR Newswire

    J.P. Morgan Asset Management Launches Two Active Transparent Equity ETFs: JEPI and JIG

    J.P. Morgan Asset Management today announced the launch of two actively-managed transparent equity ETFs, the JPMorgan Equity Premium Income ETF (JEPI) and the JPMorgan International Growth ETF (JIG). Delivered through the transparent ETF structure, both active equity ETF funds will employ the expertise of J.P. Morgan's Global Equities platform, seeking to improve returns and better manage risk within portfolios as investors navigate today's investment environment.

  • Barrons.com

    The Bank Dividend Question Won’t Go Away. Here’s Why.

    The managing director at the International Monetary Fund is just the latest to call for a suspension of bank dividends.

  • Reuters

    British finance workers prepare for return to office of the future

    Limits on elevators, thermal imaging and temperature checks will greet a first wave of traders and bankers in Britain preparing to return to offices under new norms to tackle the coronavirus. Britain's financial sector is working to bring staff back to city-centre workplaces, which were hastily evacuated as the government imposed a lockdown, leaving the normally humming Canary Wharf and City of London financial districts deserted. Most financial firms have kept small teams in offices through the pandemic, and are now preparing for up to 10% of their staff to return over the next few months, pending government approval, sources familiar with the plans said.

  • SLV: iShares Silver Trust ETF
    Investopedia

    SLV: iShares Silver Trust ETF

    Learn about the iShares Silver Trust, an exchange traded fund that invests primarily in silver and is affected by risks unique to commodities.

  • Traders Beware: U.S. taps new tools to find fraud in volatile commodities market
    Reuters

    Traders Beware: U.S. taps new tools to find fraud in volatile commodities market

    When the U.S. Department of Justice charged a handful of JP Morgan Chase & Co traders in 2018 and 2019 with alleged commodities futures manipulation, it wasn't the first time the government had probed the bank's metals trading activities. The Commodity Futures Trading Commission (CFTC) investigated the same business as part of a similar probe of the silver market years earlier, but it was not able to build a case with the data it had at the time, according to U.S. court filings and a person with knowledge of the aborted probe. Since then, leaps in the agencies' data analysis capabilities have enabled them to detect and prosecute increasingly sophisticated forms of manipulation in the commodities futures markets which for decades have gone under-surveilled, according to ten officials and industry experts.

  • Reuters

    INSIGHT-Traders Beware: U.S. taps new tools to find fraud in volatile commodities market

    When the U.S. Department of Justice charged a handful of JP Morgan Chase & Co traders in 2018 and 2019 with alleged commodities futures manipulation, it wasn't the first time the government had probed the bank's metals trading activities. The Commodity Futures Trading Commission (CFTC) investigated the same business as part of a similar probe of the silver market years earlier, but it was not able to build a case with the data it had at the time, according to U.S. court filings and a person with knowledge of the aborted probe. Since then, leaps in the agencies' data analysis capabilities have enabled them to detect and prosecute increasingly sophisticated forms of manipulation in the commodities futures markets which for decades have gone under-surveilled, according to ten officials and industry experts.

  • Barrons.com

    The Market May Be Stronger Than It Looks. Here’s Why.

    The Dow bounced back from Tuesday’s loss. More strength is starting to be seen in individual stocks, as well.

  • U.S. treasury holds first 20-yr bond auction since 1986
    Yahoo Finance Video

    U.S. treasury holds first 20-yr bond auction since 1986

    The U.S. Treasury is gearing up to auction a $3 trillion in debt to finance the growing federal budget deficit. Charles Schwab Chief Fixed Income Strategist Kathy Jones joins Yahoo Finance’s Seana Smith to discuss.

  • GuruFocus.com

    Michael Burry Could Profit on Selloff Bets

    The value investor's first quarter of 2020 Continue reading...