JPM sold to open 40,000 calls (5880) and purchased 40,000
(5290/4460 put spread)
In finance, a "JPM collar" or "J.P. Morgan collar" refers to a
specific options strategy, or a hedge wrapper, used by JPMorgan
Chase & Co. to hedge a long equity portfolio, involving buying
a put option and selling a call option with the same expiration
date, effectively limiting downside risk while also capping
potential upside.
Each quarter
this hedge fund rolls to a news options collar trade, and the
resulting hedging flows can often impact the market.
To enter the collar, the fund sells a 3-5% out of the money
call, and use those proceeds to buy a 3-5% out of the money put
spread.
They have yet to roll into quarter end and it has less
influence with price further away - focus on price action and
adhere to your plan. No idea on what may/may not happen in
Mideast but structure is bullish on market until evidence changes.
I've been pounding the table to BTFD over the past few weeks
with target ATH area.
JPM June Collar
Posted by steve on 31st of Mar 2025 at 02:38 pm
New JPM SPX collar for June
5880/5290/4460
40,000 June 30th (Q) $5880
Posted by kingpin15 on 31st of Mar 2025 at 02:57 pm
40,000 June 30th (Q) $5880 calls sell to open $75.29
buy 40k of the $5290/$4460 put spreads at $76.69
So what does this mean
Posted by anjali25 on 1st of Apr 2025 at 01:19 am
So what does this mean ?
JPM sold to open 40,000
Posted by steve on 1st of Apr 2025 at 07:00 am
JPM sold to open 40,000 calls (5880) and purchased 40,000 (5290/4460 put spread)
In finance, a "JPM collar" or "J.P. Morgan collar" refers to a specific options strategy, or a hedge wrapper, used by JPMorgan Chase & Co. to hedge a long equity portfolio, involving buying a put option and selling a call option with the same expiration date, effectively limiting downside risk while also capping potential upside.
Each quarter this hedge fund rolls to a news options collar trade, and the resulting hedging flows can often impact the market. To enter the collar, the fund sells a 3-5% out of the money call, and use those proceeds to buy a 3-5% out of the money put spread.
1. Any updates on this?
Posted by profmel on 24th of Jun 2025 at 12:28 pm
1. Any updates on this? Have they rolled during OpEx or is end of Qtr?
2. Thanks so much for AZ 3. Thoughts on Iran breaking ceasefire agreement with sleeper cell activity - black swan? How would you hedge?
TY again!
They have yet to roll
Posted by steve on 24th of Jun 2025 at 12:34 pm
They have yet to roll into quarter end and it has less influence with price further away - focus on price action and adhere to your plan. No idea on what may/may not happen in Mideast but structure is bullish on market until evidence changes. I've been pounding the table to BTFD over the past few weeks with target ATH area.
All in just scratching out
Posted by profmel on 24th of Jun 2025 at 12:47 pm
All in just scratching out Plan B just in case. TY
YW - you are on
Posted by steve on 24th of Jun 2025 at 12:48 pm
YW - you are on top of things and simply follow your plan