JP Morgan Chase (JPM) Options Chain

NYSE: JPMFinanceMajor BanksUSD

332.99+1.57 (+0.47%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 15, 2028
Days to expiration: 796
Share price: $332.99
Put/call ratio (OI): 0.86
Put/call ratio (volume): 1.07
ATM implied volatility: 26.3%
Expected move: ±$129.13
Open interest (C / P): 10.14K / 8.71K

JPM options summary

The JPM options chain for the December 15, 2028 expiration lists 44 call and 44 put contracts, with 796 days until expiration. Open interest stands at 10,142 calls and 8,708 puts, a put/call ratio of 0.86, which is fairly balanced between calls and puts. At-the-money implied volatility near the $330.00 strike is 26.3%, which implies the market expects a move of about ±$129.13 (38.8%) in JP Morgan Chase stock by expiration.

The most open interest sits at the $490.00 call (906 contracts) and the $270.00 put (1.01K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

JPM options chain · December 15, 2028

JPM calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
131	41	45.6%	192.85	190.50	195.50	145.00	1.16	1.95	1.60	33.2%	18	270
137	4	44.9%	190.59	186.50	191.00	150.00	1.28	2.28	1.92	33.0%	9	245
8	4	44.9%	191.50	182.00	187.00	155.00	2.15	2.56	2.20	32.6%	10	45
42	10	44.1%	185.50	178.00	182.50	160.00	0.82	3.80	2.42	34.3%	3	29
213	1	44.0%	195.82	173.50	178.50	165.00	1.95	2.99	2.79	31.3%	5	78
27	3	43.1%	169.27	169.50	174.00	170.00	2.17	4.40	3.10	33.1%	2	44
0	1	—	184.02	0.00	0.00	175.00	2.51	3.85	3.25	30.8%	3	22
269	1	42.6%	162.80	161.00	166.00	180.00	3.20	4.15	3.80	30.3%	3	250
65	27	41.7%	163.95	157.00	161.50	185.00	3.60	4.35	4.20	29.5%	4	133
197	1	41.3%	155.56	153.15	157.50	190.00	4.30	5.35	5.00	30.0%	9	390
170	1	40.9%	166.00	149.00	153.50	195.00	4.20	5.45	4.91	29.0%	1	48
397	1	40.5%	145.99	145.10	149.50	200.00	4.35	6.55	5.40	29.4%	7	449
68	5	39.5%	135.05	137.00	141.50	210.00	5.80	7.30	7.20	28.1%	25	545
59	8	38.9%	125.23	129.50	134.00	220.00	6.45	9.10	8.04	27.9%	25	582
112	1	38.2%	123.33	121.80	126.50	230.00	7.65	10.35	9.33	26.9%	56	305
58	11	37.3%	114.60	114.35	119.00	240.00	9.65	12.00	10.93	26.2%	4	239
219	1	36.3%	106.21	107.10	111.50	250.00	11.30	14.05	12.70	25.7%	6	500
79	1	35.6%	97.80	100.15	104.50	260.00	12.55	16.70	14.50	25.4%	1	121
88	1	35.1%	94.90	93.35	98.00	270.00	15.35	17.85	17.20	23.9%	5	1,009
182	1	34.4%	89.00	87.00	91.50	280.00	17.85	21.30	19.00	23.8%	6	772
121	2	34.0%	84.55	80.60	85.50	290.00	21.20	24.75	22.75	23.5%	1	295
366	1	33.4%	72.55	74.60	79.50	300.00	23.50	28.40	26.05	23.1%	6	582
187	1	32.7%	71.70	69.20	73.50	310.00	27.00	31.15	30.10	22.1%	4	79
249	2	32.4%	61.67	63.50	68.50	320.00	31.00	36.00	33.85	22.0%	3	105
439	6	31.4%	56.50	59.50	62.45	330.00	35.90	39.50	38.07	21.1%	1	190
JPM $332.99
667	11	31.5%	56.08	54.25	58.50	340.00	40.00	44.35	45.00	20.6%	1	183
709	2	30.7%	49.00	49.50	53.25	350.00	45.00	50.00	48.87	20.4%	1	290
266	2	30.1%	47.65	45.00	48.50	360.00	50.50	54.30	52.14	19.4%	9	133
315	10	30.3%	43.80	41.00	45.50	370.00	56.00	61.00	59.45	19.3%	1	91
216	1	29.8%	38.45	37.15	41.45	380.00	62.00	65.55	63.61	17.9%	9	80
175	1	29.3%	35.05	33.70	37.55	390.00	68.50	73.50	69.90	18.2%	2	37
334	10	29.4%	30.40	30.60	35.00	400.00	75.50	79.55	80.65	17.1%	549	411
402	580	29.2%	27.51	27.50	32.00	410.00	83.00	87.50	83.90	17.0%	2	44
100	1	29.1%	27.00	24.50	29.50	420.00	90.50	95.00	93.37	16.4%	2	13
106	1	28.8%	21.50	22.65	26.85	430.00	98.55	102.85	103.70	15.7%	3	29
173	1	28.6%	21.40	20.00	24.50	440.00	107.40	111.45	110.20	15.3%	3	13
226	4	28.5%	19.19	17.50	22.50	450.00	116.05	120.45	113.54	15.1%	1	20
246	1	27.9%	18.76	16.05	19.75	460.00	125.30	129.50	110.85	14.7%	2	25
234	1	28.4%	17.10	14.75	19.00	470.00	135.20	139.00	136.55	14.8%	18	12
325	2	28.0%	15.10	12.75	16.90	480.00	0.00	0.00	123.00	—	3	0
906	6	27.5%	12.39	11.45	14.80	490.00	0.00	0.00	132.00	—	3	0
306	5	27.5%	12.39	10.45	13.70	500.00	164.50	169.50	168.50	17.5%	3	0
31	1	27.4%	9.70	8.50	11.45	520.00	0.00	0.00	157.90	—	—	0
522	4	27.4%	8.20	6.85	9.65	540.00	204.50	209.50	193.40	19.9%	2	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the JPM put/call ratio?

For the December 15, 2028 expiration, the JPM put/call ratio based on open interest is 0.86 (8,708 puts vs 10,142 calls), and 1.07 based on today's volume. A ratio above 1 means more puts than calls.

What is JPM's implied volatility?

At-the-money implied volatility for JPM options expiring December 15, 2028 is about 26.3%, an annualized estimate of how much the market expects JP Morgan Chase stock to move.

How many JPM option expiration dates are there?

JPM has 15 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.