Home Value Investing Bought PUTs on JPMorgan Chase & Co. | Worth Investing

Bought PUTs on JPMorgan Chase & Co. | Worth Investing

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Bought PUTs on JPMorgan Chase & Co. | Worth Investing


Yesterday, Could third, 2022, the Worth Funding Fund offered 246.9135 PUTs on JPMorgan Chase & Co. with a strike value of $80 per share. These PUTs expire on June 16, 2023 (13 months). The Fund offered the PUTs for $2.76 every and netted $1.76 every after charges. Whole realized revenue was $434.57 (246.9135 * $1.76/ea).

PUTs are choices that act as insurance coverage for the customer. In impact, the customer is shopping for the suitable to drive the vendor, on this case the Fund, to buy the customer’s shares at a preset value. The purpose is reduce the customer’s draw back threat related to proudly owning the respective inventory. On this case, the Fund has decided that JPMorgan Chase & Co.’s intrinsic worth is at

© 2022, David J Hoare MSA. All rights reserved.