Submitted by DaddyDersch t3_zzdlbg in wallstreetbets
areyoume29 t1_j2bp27m wrote
That jpm collar is interesting this time around. I started looking for the trade around 1pm. I didn't realize Jpm's trade was executed after 4 pm. today. I noticed there was an inverse of the jpm trade at 13:45 hours when an institution inversed the jpm collar and sold the 3600p and bought the 4030c. It's not a terrible trade considering the 3835c jpm sold 3 months ago maxed out at over 25k on December 1st. It's actually funny. jpm got pinned today, which hasn't happened in the last year.
DaddyDersch OP t1_j2bq6h4 wrote
That actually is a very favorable but very bullish trade. I think we touch 4000-4100 in January before anything else happens.
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