someone with a lot of money to spend has taken a bullish stance on jpmorgan chase jpm and retail traders should know we noticed this today when the big position showed up on publicly available options history that we track here at benzinga whether this is an institution or just a wealthy individual we dont know but when something this big happens with jpm it often means somebody knows something is about to happen so how do we know what this whale just did the overall sentiment of these bigmoney traders is split between 50 bullish and 50 bearish out of all of the special options we uncovered 3 are puts for a total amount of 204395 and 13 are calls for a total amount of 930766 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 1300 to 1800 for jpmorgan chase over the last 3 months in terms of liquidity and interest the mean open interest for jpmorgan chase options trades today is 783838 with a total volume of 366300 in the following chart we are able to follow the development of volume and open interest of call and put options for jpmorgan chases big money trades within a strike price range of 1300 to 1800 over the last 30 days jpmorgan chase option volume and open interest over last 30 days where is jpmorgan chase standing right now   with a volume of 4105749 the price of jpm is down 078 at 15467   rsi indicators hint that the underlying stock may be approaching overbought   next earnings are expected to be released in 65 days what the experts say on jpmorgan chase   jefferies upgraded its action to buy with a price target of 165   citigroup downgraded its action to neutral with a price target of 160   atlantic equities has decided to maintain their neutral rating on jpmorgan chase which currently sits at a price target of 160   piper sandler has decided to maintain their overweight rating on jpmorgan chase which currently sits at a price target of 168   morgan stanley has decided to maintain their overweight rating on jpmorgan chase which currently sits at a price target of 173 options are a riskier asset compared to just trading the stock but they have higher profit potential serious options traders manage this risk by educating themselves daily scaling in and out of trades following more than one indicator and following the markets closely if you want to stay updated on the latest options trades for jpmorgan chase benzinga pro gives you realtime options trades alerts