JPM will be reporting its quarterly earnings before the market open for trading today. By analyzing the options open interest and the cost for a straddle and a strangle, one can speculate JPM stock price will be somewhere between 57.50-55.00 on option expiration this Friday.
Based on a +/-3% or +/-$1.70 the option market is pricing in for JPM, this implies the price could move down to 56 or up to 59.40 on ER, and the open interest appears to imply the price will end up between 57.50-55.00 on OpEx. See the following stock chart.
