JP Morgan JPM (news,
chart,
quote) - JPM Option implied volatility at 19 as JPM trades up to a 58-month High
JPM is up 1.56 to $45.51. PRUS say's "growth in global capitalism is a positive trend, which should especially help JPM & C (these are our top 2 recommendations among the banks)." JPM total intra-day option volume of 45,321 contracts is heavy. JPM May option implied volatility is near its 26-week average. Average option implied volatility on heavy call volume suggests bullish price hedging.
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