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JPMorgan Chase Options Signal 2.8% Price Move Ahead of Q3 Earnings

NeutralMedium impact
JPM$334.30 0.39%

Options traders are positioning for a potential 2.84% stock move in JPMorgan Chase & Co. (JPM) following its upcoming fiscal third-quarter 2026 earnings report, scheduled for release before the market opens on Tuesday, Oct. 13. Wall Street consensus estimates call for earnings per share of $5.94 on revenue of $51.22 billion, while the stock traded near $334.30.

Based on the at-the-money $335 strike expiring Oct. 16, options pricing implies an expected post-earnings trading range between $325.16 and $344.20. Derivatives activity indicates a preference for bullish positions, evidenced by a put/call volume ratio of 0.70 and an open-interest ratio of 0.55 for the Oct. 16 expiration. For that weekly series, the $345 call leads open interest among calls, while the $330 put holds the top spot on the put side.

At-the-money implied volatility for the bank currently stands at 40.25%, significantly above its historical volatility level of 16.31%. This wide spread highlights heightened market expectations for near-term stock price fluctuations once the financial results are released.

Key points

  • Wall Street expects JPMorgan Chase to report fiscal Q3 2026 earnings per share of $5.94 on $51.22 billion in revenue.
  • Options markets are pricing in a post-earnings price move of about 2.84% in either direction, implying a range from $325.16 to $344.20.
  • Trading volume favors calls over puts with a put/call volume ratio of 0.70 and an open interest ratio of 0.55 for Oct. 16 contracts.
  • At-the-money implied volatility of 40.25% substantially exceeds the stock's 16.31% historical volatility.

Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org

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Questions and answers

When does JPMorgan Chase report Q3 2026 earnings?

JPMorgan Chase is scheduled to report its fiscal third-quarter 2026 financial results before the stock market opens on Tuesday, Oct. 13.

What are Wall Street earnings expectations for JPMorgan Chase?

Analysts expect JPMorgan Chase to deliver earnings per share of $5.94 on revenue of $51.22 billion for the quarter.

How much is JPMorgan stock expected to move after earnings?

Options pricing suggests an expected post-earnings stock move of roughly 2.84%, pointing to an estimated price range between $325.16 and $344.20.