JP Morgan Chase (NYSE: JPM) recently down $1.65 to $32.86:
JPM is scheduled to report Q2 EPS on July 17. JPM call option volume of 42,387 contracts compared to put volume of 33,557 contracts. JPM July 32.5 straddle was priced at $3.84. JPM August option implied volatility of 72 was above its 26-week average of 44 according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










