One of our previous calls has been PUTS and CALLS on JPM. We’ve seen the stock move from $106 to $111 and today we see an opportunity to dollar cost average. The stock is trading in the $108.50 range. We are selling the June 21, 106 Puts. We believe that would be a good entry point for those not in the stock as well as a great dollar cost average play.
All investing involves risk, so Options Dojo can make no warranties or guarantees regarding our Sensei’s selections. Invest with an awareness of your skills, experience and risk tolerance. Options are not suitable for all investors and people can and do lose money.