JP Morgan Chase (NYSE: JPM) closed at $40.31. Wachovia Securities says, "While JPM only paid $237 million for Bear Stearns (NYSE: BSC), its market capitalization has increased approximately $10 billion today." JPM April option implied volatility of 71 is above its 6-month average of 38 according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.











Reader Comments (Page 1 of 1)
3-18-2008 @ 4:01PM
Azhot1 said...
Goooo.....JP Morgan~ I'm a holdin' on for good things to come!