• support@madhedgefundtrader.com
  • Member Login
Mad Hedge Fund Trader
  • Home
  • About
  • Store
  • Luncheons
  • Testimonials
  • Contact Us
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu

Trade Alert - (JPM) October 21, 2022 - EXPIRATION AT MAX PROFIT

Trade Alert

When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline.


Alert

 

Trade Alert - (JPM) – EXPIRATION AT MAX PROFIT


EXPIRATION of the JP Morgan (JPM) October $85-$90 in-the-money vertical Bull Call spread at $5.00

Closing Trade

10-21-2022

expiration date: October 21, 2022

Number of Contracts = 25 contracts

We have the good fortune to have four options positions expiring at their maximum profit points at 4:00 PM on Friday, October 21. So you don’t get overwhelmed by getting four trade alerts at once, I will start feeding them out now.

This position represents a roll down from a previous position with high strike prices. As a result, you get to break even on the two positions. That’s how you manage risk in collapsing markets.

As a result, you get to take home on this leg $1,500 or 13.64% in 6 trading days.  Well done and on to the next trade. 

You don’t have to do anything with this expiration.

Your broker will automatically use your long position to cover your short position, canceling out the total holdings.

The entire profit will be credited to your account Monday morning, October 24 and the margin freed up.

Some firms charge you a modest $10 or $15 fee for performing this service.

(JPM) is the class act in the global banking sector, and CEO Jamie Diamond is the best CEO in the country. Not only that, with rocketing interest rates, we are just entering the golden age of the banking sector.

I believe that massive government borrowing and spending will drive US interest rates up through the roof. Banks love high-interest rates because they vastly improve profit margins.

To learn more about the company, please visit their website at https://www.jpmorganchase.com.

This was a bet that JP Morgan would not fall below $90  by the October 21options expiration in 6 trading days.

Here are the specific trades you need to close this position:

EXPIRATION of long 25 October 2022 (JPM) $85 calls at……..……$22.68

EXPIRATION of short 25 October 2022 (JPM) $90 calls at…......…$17.68

Net Proceeds:………………………….………..………......................…........$5.00

Profit: $5.00 - $4.40 = $0.60

(25 X 100 X $0.60) = $1,500 or 13.64% in 6 trading days.

 

 

Share this entry
  • Share on Facebook
  • Share on X
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share by Mail
https://www.madhedgefundtrader.com/wp-content/uploads/2016/02/Alert-e1457452190575.jpg 135 150 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2022-10-20 12:42:272022-10-20 12:42:27Trade Alert - (JPM) October 21, 2022 - EXPIRATION AT MAX PROFIT

tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Mad Hedge Fund Trader (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade. 

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.

Copyright © 2025. Mad Hedge Fund Trader. All Rights Reserved. support@madhedgefundtrader.com
  • Privacy Policy
  • Disclaimer
  • FAQ
Link to: October 20, 2022 Link to: October 20, 2022 October 20, 2022 Link to: Trade Alert - (V) October 21, 2022 - EXPIRATION AT MAX PROFIT Link to: Trade Alert - (V) October 21, 2022 - EXPIRATION AT MAX PROFIT Trade Alert - (V) October 21, 2022 - EXPIRATION AT MAX PROFIT
Scroll to top