Covered Call Write on JP Morgan Chase (JPM)
Covered Call Recommedation on JP Morgan Chase (JPM) currently trading at $31.30. STRATEGY: Look at the March 25 covered call. For each 100 shares of JP Morgan (JPM) stock you buy, sell one March 25 covered call option for a 29.40 (31.30 – 1.90) debit or better. That’s potentially a 5.4% assigned return in 32 days. Risk: The technicals for …