In today’s session JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (AMJ) registered an unusually high (1,000) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious AMJ increase. With 1,000 contracts traded and 99814 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: AMJ161216C00030000 closed last at: $0.7 or 16.7% up. It is down 13.25% since April 11, 2016 and is uptrending. It has outperformed by 7.10% the S&P500.
AMJ Company Profile
JPMorgan Chase & Co. (JPMorgan Chase), incorporated on October 28, 1968, is a financial holding company. The Firm is engaged in investment banking, financial services for clients and small businesses, commercial banking, financial transaction processing and asset management. JPMorgan Chase’s activities are organized into four business divisions, as well as a Corporate segment. The Company’s divisions are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Company’s principal bank subsidiaries are JPMorgan Chase Bank, National Association (JPMorgan Chase Bank, N.A.), a national banking association with branches in over 20 states, and Chase Bank USA, National Association (Chase Bank USA, N.A.), a national banking association that is the Company’s credit card-issuing bank. JPMorgan Chase’s principal nonbank subsidiary is J.P. Morgan Securities LLC (JPMorgan Securities), the Company’s the United States investment banking firm. The bank and nonbank subsidiaries of JPMorgan Chase operate nationally, as well as through overseas branches and subsidiaries, representative offices and subsidiary foreign banks. The Company’s principal operating subsidiary in the United Kingdom is J.P. Morgan Securities plc, a subsidiary of JPMorgan Chase Bank, N.A.
More important recent JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (NYSEARCA:AMJ) news were published by: Blogs.Wsj.com which released: “JP Morgan Alerian MLP ETN Comes Unglued from Underlying Index” on May 07, 2013, also Marketwatch.com published article titled: “JPMorgan Alerian MLP ETN”, Benzinga.com published: “There Might Be Some Good News For MLP ETFs” on August 12, 2015. More interesting news about JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (NYSEARCA:AMJ) was released by: Bidnessetc.com and their article: “Is It Profitable To Invest In MLP Stocks?” with publication date: January 26, 2015.
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