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.
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40,000 June 30th (Q) $5880
JPM June Collar
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.