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fuse-forex
Feb 22, 2017 4:57 AM

JPM - Options Long

JP Morgan Chase & Co.NYSE

Description

I have a lot of options activity pending on JPM right now. Looks healthy here but is bumping heads against WR1 and DR3 - not sure it can break here without a pullback and some distribution but I'm paying attention to $90 for hedges. I have a big long thesis on JPM right now and think into May we are well above $90, but as we know, in the market timing is everything and right now is no exception.
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