JPMorgan Chase Option Alert: Jan 16 $280 Calls Sweep (57) near the Bid: 493 vs 3371 OI; Earnings 4/11 Before Open 

JPMorgan Chase Option Alert: Jan 16 $280 Calls Sweep (57) near the Bid: 493 @ $22.049 vs 3371 OI; Earnings 4/11 Before Open Ref=$268.58

JPMorgan Chase Option Alert: Fri $220 Calls at the Bid: 188 vs 838 OI; Earnings 4/11 Before Open 

JPMorgan Chase Option Alert: Fri $220 Calls at the Bid: 188 @ $53.1 vs 838 OI; Earnings 4/11 Before Open Ref=$273.02

JPMorgan Chase Option Alert: Apr 17 $285 Calls at the Bid: 1000 vs 3045 OI; Earnings 4/11 Before Open 

JPMorgan Chase Option Alert: Apr 17 $285 Calls at the Bid: 1000 @ $7.45 vs 3045 OI; Earnings 4/11 Before Open Ref=$279.83

JPMorgan Chase Option Alert: Mar, 2026 $240 Calls at the Ask: 100 vs 24 OI; Earnings 4/11 Before Open 

JPMorgan Chase Option Alert: Mar, 2026 $240 Calls at the Ask: 100 @ $58.3 vs 24 OI; Earnings 4/11 Before Open Ref=$278.71

JPMorgan Chase Option Alert: Sep 19 $260 Calls at the Bid: 550 vs 910 OI; Earnings 4/11 Before Open 

JPMorgan Chase Option Alert: Sep 19 $260 Calls at the Bid: 550 @ $30.75 vs 910 OI; Earnings 4/11 Before Open Ref=$274.92

JPMorgan Chase Option Alert: Jun 20 $280 Calls Sweep (4) near the Bid: 400 vs 1471 OI; Earnings 4/11 Before Open 

JPMorgan Chase Option Alert: Jun 20 $280 Calls Sweep (4) near the Bid: 400 @ $13.4 vs 1471 OI; Earnings 4/11 Before Open Ref=$275.35

JPMorgan Chase (NYSE:JPM) 주식

JPMORGAN CHASE & CO

JPMorgan Chase

JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments: consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.

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Options

Markets

CBOE

최신 데이터에 따르면, 이번 주 제로데이 만기(0DTE) 옵션 거래량이 사상 최고치를 기록했다. 이는 &#34;위험 선호가 급증하고 있다&#34;는 신호라고 시장 관찰자들은 말한다.무슨 일 있었나: 목요일(8일) 밤 인기 투자 뉴스레터인 코베이시 레터는 옵션 리서치 회사 티어1 알파(Tier1 Alpha)가 만든 엑스(X) 차트를 공유하며 최근 몇 년간 당일 만기(0DTE) S&amp;P 500 옵션 거래량이 급격히 증가했음을 보여 주었다.

&#39;급증&#39;하는 위험 선호의 징후? 제로데이 옵션 거래 인기 높아져

Coca Cola shutterstock_2462065061

Analyst Ratings

지정학적 불확실성이 커지는 가운데 청량음료 대기업 코카콜라(NYSE:KO)의 글로벌 규모와 유통 전략이 다시 주목받고 있다. 무슨 일 있었나: 지난주 JP모건 체이스 애널리스트들은 관세를 둘러싼 긴장과 불확실성이 커지는 가운데, 코카콜라의 회복력을 언급하며 2025년 말까지 목표주가를 기존 74달러에서 78달러로 상향 조정했다. 이러한 움직임은 코카콜라의 1분기 실적 발표를 앞두고 이루어졌다.

코카콜라의 200개국 플레이북, JP모건 애널리스트의 호평 받아

Finance, Chart, Showed,A,Significant,Increase,In,Stock,Market,Profits,

Opinion

Trading Ideas

무역 전쟁과 인플레이션은 잊어버리자. 미국 경제의 한 축은 지난주 랠리 아전에도 주가가 2.5% 상승하는 등 호조를 보이고 있다. 슈왑 애널리스트들은 이 부문의 가치와 안정성을 언급하며 이들 주식에 대해 일괄적으로 &#39;매수&#39; 의견을 제시하기도 했다.

시장수익률 상회하는 은행 섹터에서 주목할 만한 주식 3종목

JPMorgan Chase & Co

JPMorgan USD Emerging Markets Sovereign Bond ETF

JPMorgan Diversified Return U.S. Mid Cap Equity ETF

Tidal Trust II YieldMax JPM Option Income Strategy ETF

J P Morgan Chase & Co Depositary Shares, each representing a 1/400th interest in a share of 6.00% Non-Cumulative Preferred Stock, Series EE

J P Morgan Chase & Co Depositary Shares, each representing a 1/400th interest in a share of 5.75% Non-Cumulative Preferred Stock, Series DD

J P Morgan Chase & Co Depositary Shares, each representing a 1/400th interest in a share of JPMorgan Chase & Co. 4.75% Non-Cumulative Preferred Stock, Series GG

J P Morgan Chase & Co Depositary Shares, each representing a 1/400th interest in a share of 4.55% Non-Cumulative Preferred Stock, Series JJ

J P Morgan Chase & Co Depositary Shares, each representing a 1/400th interest in a share of 4.625% Non-Cumulative Preferred Stock, Series LL

J P Morgan Chase & Co Depositary Shares, each representing a 1/400th interest in a share of 4.20% Non-Cumulative Preferred Stock, Series MM

JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) CEO Jamie Dimon has emerged as a critical voice on President Donald Trump&#8216;s tariff policies, acknowledging legitimate concerns while cautioning against excessive measures that could isolate the U.S. economy.
What Happened: &#8220;I thought it was too large, too big and too aggressive when it started,&#8221; Dimon <a href="https://www.youtube.com/watch?v=lG0pOnTWJEY">told</a> Fox in an interview released Thursday, describing Trump&#8217;s initial tariff approach as part of a &#8220;master plan to get people to the table.&#8221;
Despite these reservations, the Wall Street veteran defended the administration&#8217;s fundamental goal. &#8220;It&#8217;s ok to say if it&#8217;s unfair [and] we want to fix it,&#8221; Dimon stated, suggesting the White House is justified in addressing perceived trade imbalances.
See Also: <a href="https://www.benzinga.com/government/regulations/25/05/45331065/the-trade-desk-ceo-slams-google-amazons-walled-gardens-imagine-what-we-can-do-in-a-fair-market">The Trade Desk CEO Slams Google, Amazon&#8217;s &#8216;Walled Gardens&#8217;: &#8216;Imagine What We Can Do In A Fair Market&#8217;</a>
Why It Matters: Dimon&#8217;s comments come amid <a href="https://www.benzinga.com/markets/25/05/45333895/gop-megadonor-ken-griffin-warns-trump-tariffs-are-terrifying-says-government-is-picking-winners-and-losers-amid-soaring-trade-deficit">escalating market concerns about tariff impacts</a>. Citadel founder Ken Griffin recently warned that the policies had &#8220;unleashed an era of crony capitalism,&#8221; while JPM itself raised recession odds to 60% from 40%, citing supply-chain disruptions. Major ports report Chinese shipments have &#8220;essentially ceased.&#8221;
The banking executive, <a href="https://www.benzinga.com/personal-finance/25/04/44968496/theyre-probably-going-to-live-to-120-jpmorgans-jamie-dimon-says-gen-z-should-stop-worrying-and-start-building-a-better-future">who earned $39 million in 2024</a>, has maintained that tariffs would likely prove only &#8220;modestly inflationary&#8221; with potential to deliver &#8220;good stuff&#8221; for the economy. 
Regarding the recent U.K.-U.S. trade agreement, Dimon welcomed progress while noting it represents just a preliminary step. &#8220;Any progress is good,&#8221; he said, also expressing satisfaction with improving relations with China, Japan and Taiwan.
When asked what advice he would offer Trump, Dimon recommended: &#8220;Keep doing what you&#8217;re doing now&#8221; on border security, while encouraging focus on immigration reform, pro-growth policies, deregulation and tax reform. On tariffs, he advised: &#8220;Just make progress now, country by country, tariff by tariff.&#8221;
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/government/regulations/25/05/45330282/fed-stays-put-trump-touts-uk-trade-deal-bitcoin-booms-past-100k-stagflation-fears-rise-this-week-in-markets">Fed Stays Put, Trump Touts UK Trade Deal, Bitcoin Booms Past $100K, Stagflation Fears Rise: This Week In Markets</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

News

Economics

Jamie Dimon Says Trump's Tariffs Were 'Too Aggressive,' Warns US Risks Going It Alone Without Measured Trade Strategy

Citadel founder Ken Griffin is sounding the alarm on President Donald Trump&#8216;s tariff policies, warning they have &#8220;unleashed an era of crony capitalism&#8221; where the government picks &#8220;winners and losers&#8221; in the economy.
What Happened: &#8220;Tariffs open the doors to crony capitalism,&#8221; Griffin <a href="https://www.politico.com/news/2025/05/08/griffin-trump-tariffs-milken-wall-street-00335374">told</a> Politico at the Milken Institute&#8217;s Global Conference. &#8220;I thought that would play out over the course of years. It&#8217;s terrifying to watch this play out over the course of weeks.&#8221;
The hedge fund billionaire&#8217;s criticism reflects growing concerns among Wall Street executives that the escalating trade war could derail economic growth despite the administration&#8217;s promises of prosperity. His comments come as the U.S. grapples with a <a href="https://www.benzinga.com/government/regulations/25/05/45317301/5-treasury-yields-could-force-trump-to-slash-tariffs-in-q2-says-bofas-hartnett">record $140 billion trade deficit in March</a>.
Griffin, a longtime GOP megadonor, expressed particular concern about the administration&#8217;s selective exemptions for certain industries. The dollar&#8217;s recent decline, he noted, will soon weaken American consumer purchasing power.
&#8220;Whether it&#8217;s a flat-screen TV or a new laptop, your dollar is just not going to go as far,&#8221; Griffin said. &#8220;This starts unfolding in the next couple weeks.&#8221;
See Also: <a href="https://www.benzinga.com/government/regulations/25/05/45330282/fed-stays-put-trump-touts-uk-trade-deal-bitcoin-booms-past-100k-stagflation-fears-rise-this-week-in-markets">Fed Stays Put, Trump Touts UK Trade Deal, Bitcoin Booms Past $100K, Stagflation Fears Rise: This Week In Markets</a>
Why It Matters: Bank of America&#8216;s chief investment strategist Michael Hartnett predicts tariffs may be reduced this quarter, warning that Treasury yields above 5% could jeopardize the deficit-financed growth strategy. JPMorgan Chase recently raised its recession odds to 60% from 40%, <a href="https://www.benzinga.com/government/regulations/25/05/45317301/5-treasury-yields-could-force-trump-to-slash-tariffs-in-q2-says-bofas-hartnett">citing supply-chain disruptions</a>.
The impact is already being felt across sectors. Ford Motor Co. CEO Jim Farley announced tariffs could cost the automaker $1.5 billion, forcing the company to withdraw its earnings guidance. Major ports report Chinese shipments have &#8220;essentially ceased,&#8221; with retailers facing five to seven weeks of <a href="https://www.benzinga.com/tech/25/05/45217767/ford-ceo-jim-farley-says-trumps-tariffs-could-cost-ford-1-5-billion-pulls-its-earnings-guidance">inventory before shortages emerge</a>.
Despite these concerns, some Trump allies remain optimistic. Former presidential adviser Gary Cohn told Milken Conference attendees, &#8220;We&#8217;ve lived through depressions. We&#8217;ve lived through recessions&#8230; Every time, when we thought it was really bad, it got a lot better.&#8221;
For Griffin, who has previously criticized Trump, the risk is clear: &#8220;We all want to see the president succeed&#8230; There&#8217;s that fine line between constructive criticism and just being toxic.&#8221;
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45333766/ethereum-dogecoin-and-other-altcoins-may-erase-4-years-suffering-in-just-months-says-michael-van-de-poppe-amid-historic-bullish-divergence">Ethereum, Dogecoin And Other Altcoins May Erase &#8216;4 Years Suffering&#8217; In Just Months, Says Michael Van De Poppe Amid Historic Bullish Divergence</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

GOP Megadonor Ken Griffin Warns Trump Tariffs Are 'Terrifying,' Says Government Is Picking 'Winners And Losers' Amid Soaring Trade Deficit

The <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45164558/us-adds-177000-jobs-in-april-topping-forecasts-as-economy-navigates-tariff-impact">April U.S. employment report </a>brought a welcome economic balancing act. Nonfarm payrolls increased by 177,000, beating comfortably the 130,000 forecast by economists and almost doubling the 90,000 predicted by Kalshi betting markets. 
Average hourly earnings, however, slowed to 0.2% month-over-month from 0.3% in March, barely missing consensus forecasts.
The outcome? A tight labor market without overheating provides the Federal Reserve and markets a bit more room to breathe. For the financial sector in particular, an unusually favorable balance of stability and opportunity has emerged from the current conditions.
Also Read: <a href="https://www.benzinga.com/etfs/sector-etfs/25/05/45328557/targets-self-checkout-flip-flop-isnt-helping-after-a-66-value-crash-are-retail-etfs-ringing-up-t">Target&#8217;s Self-Checkout Flip-Flop Isn&#8217;t Helping After A 66% Value Crash: Are Retail ETFs Ringing Up The Real Risk?</a>
<h1 class="wp-block-heading">ETF Watch: Who Wins?</h1>
With job growth still being maintained but wage pressures dissipating, a number of <a href="https://www.benzinga.com/etfs">financial sector ETFs</a> may ride the macro tailwinds:
Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)
The heavyweight of financial ETFs, XLF follows blue-chip stocks such as JPMorgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), Wells Fargo &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), and Goldman Sachs Group Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>). Sectoral employment growth in financial activities (continued growth in April) indicates underlying strength, and subdued wage growth increases profitability and cools inflation risk, a net benefit to big banks with wide exposure.
SPDR S&amp;P Bank ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBE#NYSE">KBE</a>) Thie ETF provides equal-weighted exposure to large as well as regional banks. With the slower wage growth, consumer spending might be hit, forcing prices down (read: inflation). The Fed might consider continuing the pause, or even turn back on, rate increases. Regional banks could feel the boost of a rebound in loan demand and reduced funding costs.
Invesco KBW High Dividend Yield Financial ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KBWD#NASDAQ">KBWD</a>) This ETF has a tilt toward high-yielding financials such as REITs and business development companies. Lower inflation expectations render its dividend-rich holdings more appealing in real terms, while decelerating wage inflation contributes to supporting payout sustainability.
<h1 class="wp-block-heading">Why This Labor Market Arrangement Works For Financials</h1>
The market response isn&#8217;t all about employment numbers, it&#8217;s about the &#8220;goldilocks&#8221; combination they generate.
<ul class="wp-block-list">
<li>Reduced Inflation Expectations: Slower wage growth typically means softer consumer spending, which then lowers inflationary pressure. That&#8217;s a good thing for banks, which rely on stable inflation to inform lending decisions and determine interest rate margins.</li>
<li>More Favorable Rate Outlook: If the Fed perceives wages moderating, it might delay further rate increases, or even begin lowering them. For banks, declining interest rates can fuel a flood of new consumer debt, mortgage requests and corporate loans — the stuff of bank profits.</li>
<li>Firming Corporate Margins: Slower wage growth equals lower input costs. That&#8217;s a good thing for banks, and any financial institution with exposure to corporate bonds or equity markets, too. Higher margins lower credit risk and increase investment returns.</li>
<li>Lower Labor Costs: Yes, even the financial industry experiences wage pressure. With labor expenses stabilizing, internal margins rise, providing CFOs and asset managers with more room to breathe. </li>
</ul>
The Macro Signal: Stability Without Stagnation
April&#8217;s figures indicate a labor market that&#8217;s strong in all the right areas. Health care, transportation, and finance created jobs, while government payrolls declined as it restructures. The unemployment rate remained at 4.2%, indicating labor demand remains robust, even as the Fed&#8217;s inflation battle slows the wage engine.
For investors, it is time to re-examine where the smart money goes next. With an economy that continues to grow but inflation retrenches, financial ETFs might be quietly positioning for outperformance — particularly those well-situated to profit from increasing credit activity, more stable margins, and leaner labor expenses.
The market did not roar following the jobs report — but it did not need to. For financials, a subtle beat might reverberate louder than any rally.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/etfs/specialty-etfs/25/05/45297474/imtm-etf-tanks-then-soars-why-global-momentum-is-making-a-comeback">IMTM ETF Tanks, Then Soars: Why Global Momentum Is Making A Comeback</a></li>
</ul>
Photo: NicoElNino via Shutterstock.com

Sector ETFs

ETFs

KBWD

Jobs Up, Wages Down: Financial ETFs May Have Just Found Their Sweet Spot

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2025/05/07/final-trades-shake-shack-wynn-resorts-spotify-and-the-iyf.html">Halftime Report Final Trades</a>,&#8221; Bill Baruch, President of Blue Line Capital, said Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) has been the dog of the Nasdaq and it is going to <a href="https://in.benzinga.com/25/04/45117886/microsoft-q3-earnings-highlights-revenue-beat-eps-beat-cloud-revenue-up-20">start outperforming</a>.
Supporting his view, Microsoft, on April 30, reported better-than-expected third-quarter financial results. The company reported third-quarter revenue of $70.07 billion, up 13% year-over-year. The revenue total beat a Street consensus estimate of $68.43 billion according to data from Benzinga Pro. Microsoft said it sees fourth-quarter sales of $73.150 billion to $74.250 billion, versus market estimates of $72.28 billion.
Stephen Weiss, Chief Investment Officer of Short Hills Capital Partners, said information technology company Leidos Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LDOS#NYSE">LDOS</a>) was the winner in that space.
Leidos Holdings, on May 6, reported first-quarter revenue growth of 7% year-over-year to $4.25 billion. It beat the analyst consensus estimate of $4.1 billion. The company&#8217;s adjusted EPS was $2.97, up 30% Y/Y, beating the analyst consensus estimate of $2.50.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Kari Firestone, Chair Emerita of Aureus Asset Management, named Blackstone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) as her final trade, saying the group is down roughly 30% and they are starting to move higher.
Lending support to her choice, Blackstone, on April 17, reported stronger-than-expected first-quarter financial results.
Joshua Brown, CEO of Ritholtz Wealth Management, picked JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) as his final trade.
On the earnings front, JPMorgan Chase, on April 11, reported better-than-expected first-quarter EPS and revenues.
Price Action:
<ul class="wp-block-list">
<li>Microsoft shares climbed 1.1% to close at $438.17 on Thursday.</li>
<li>Leidos shares slipped 0.01% to settle at $154.71 during Thursday's session.</li>
<li>Blackstone shares rose 2.7% to close at $139.81 on Thursday.</li>
<li>JPMorgan shares climbed 1.6% to settle at $253.47.</li>
</ul>
Check This Out: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/05/45285413/top-3-financial-stocks-which-could-rescue-your-portfolio-this-month">Top 3 Financial Stocks Which Could Rescue Your Portfolio This Month</a></li>
</ul>
Image: Shutterstock

LDOS

MSFT

Microsoft, Blackstone, Leidos And A Big US Bank: CNBC's 'Final Trades'

The Federal Reserve kept interest rates steady Wednesday between 4.25% and 4.50%, marking the third consecutive pause in rate policy and extending the wait for potential homebuyers seeking relief from elevated mortgage costs.
What Happened: Housing market participants hoping for signs of mortgage rate relief were disappointed as Fed Chairman Jerome Powell emphasized that no further action on interest rate cuts will be taken until sufficient economic data supports such moves, <a href="https://www.thestreet.com/real-estate/another-pause-in-fed-interest-rate-cuts-may-disappoint-homebuyers?ref=biztoc.com">reported</a> The Street. 
The decision comes as recent mortgage applications <a href="https://www.benzinga.com/news/econ-s/25/04/45022780/high-mortgage-rates-economic-uncertainty-rain-on-spring-home-buying-season">plunged 12.7% </a>and existing home sales fell 5.9% in March, according to the Mortgage Bankers Association and National Association of Realtors data.
&#8220;The financial hurdles to owning a home have rarely been higher, especially for young households that don&#8217;t yet have their foot in the door,&#8221; said BMO, according to the report. This reality is reflected in the record-high median first-time homebuyer age, which reached 38 last year.
See Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45307459/pope-leo-xiv-themed-memecoins-surge-after-us-born-robert-francis-prevost-becomes-romes-new-bishop">Pope Leo XIV-Themed Memecoins Surge After US-Born Robert Francis Prevost Becomes Rome&#8217;s New Bishop</a>
Why It Matters: The 30-year fixed mortgage rate recently stood at 6.90%, up from 6.81% the previous week and reaching the highest level in two months. This marks a dramatic increase from the 3.5% rates seen before 2022&#8217;s spike to nearly 7%, which effectively ended the Covid-era housing boom, the report noted.
Market watchers now look toward potential rate cuts later this year, with CME FedWatch forecasting a 51.1% chance of a reduction in July. However, JPMorgan Chase &amp; Co. analysts remain pessimistic, predicting the housing market will stay <a href="https://www.benzinga.com/news/econ-s/25/02/43977811/mortgage-rates-drop-to-lowest-levels-since-december-but-housing-market-remains-largely-stuck">&#8220;largely stuck&#8221;</a> through <a href="https://www.benzinga.com/news/econ-s/25/02/43977811/mortgage-rates-drop-to-lowest-levels-since-december-but-housing-market-remains-largely-stuck">2025 unless mortgage rates approach 5%</a>.
The Fed noted in its statement that &#8220;uncertainty about the economic outlook has increased further&#8221; and &#8220;risks of higher unemployment and higher inflation have risen,&#8221; introducing new cautionary language that <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45263291/fed-keeps-rates-steady-warns-of-rising-uncertainty-about-the-economic-outlook">suggests continued policy restraint</a>.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45308114/warner-bros-discovery-pulls-back-on-streaming-flood-betting-big-on-premium-hits-and-letting-scooby-doo-sniff-out-new-fans-on-netflix">Warner Bros. Discovery Pulling Back From &#8216;More Is Better&#8217; Streaming Strategy, Bets Big On Premium Content — And Letting Scooby-Doo Sniff Out New Fans On Netflix</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Via Shutterstock

Federal Reserve

Real Estate

'Financial Hurdles To Owning A Home Have Rarely Been Higher,' Says BMO As Fed Holds Rates, Extending Wait For Homebuyers

According to the latest data, zero-day-to-expiration (0DTE) options hit record high volumes this week, a sign that &#8220;risk appetite is skyrocketing,&#8221; say market observers.
What Happened: On Thursday night, popular investment newsletter The Kobeissi Letter shared a chart on X, made by options research firm Tier1 Alpha, illustrating the sharp rise in zero-day-to-expiration (0DTE) S&amp;P 500 option volumes in recent years.
The chart shows 0DTE volumes as a share of the total S&amp;P 500 option volumes, touching a staggering new high of 67% on Tuesday this week, &#8220;an all-time high.&#8221;
Zero-day-to-expiration (0DTE) options are contracts on stocks or indexes that expire on the same day they are traded, making them a popular tool for short-term speculation and intraday strategies.
See More: <a href="https://www.benzinga.com/25/05/45308114/warner-bros-discovery-pulls-back-on-streaming-flood-betting-big-on-premium-hits-and-letting-scooby-doo-sniff-out-new-fans-on-netflix">Warner Bros. Discovery Pulling Back From &#8216;More Is Better&#8217; Streaming Strategy, Bets Big On Premium Content — And Letting Scooby-Doo Sniff Out New Fans On Netflix</a>
The post highlights the growing popularity of these risky, ultra-short-term trading instruments, stating that their volume share has more than doubled over the past three years. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Risk appetite is skyrocketing: 0DTE options volume reflected 67% of total options volume on Tuesday, an all-time high. Over the last 3 years, the volume share of these risky trading instruments has more than DOUBLED. In Q1 2025, the average daily trading volume of 0DTE… <a href="https://t.co/LQF7mLEf5i">pic.twitter.com/LQF7mLEf5i</a>
&mdash; The Kobeissi Letter (@KobeissiLetter) <a href="https://twitter.com/KobeissiLetter/status/1920621989342892423?ref_src=twsrc%5Etfw">May 8, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
During the first quarter of 2025, the average daily volumes of 0DTE options contracts exceeded 2 million, &#8220;for the first time in history,&#8221; it says. The post notes that average daily 0DTE volumes stood at just 400,000 in the first quarter of 2022, not 400 million (which is a typo), marking a fivefold increase over the past three years.
It ends by stating that &#8220;Risk appetite has completely flipped.&#8221;
Why It Matters: The Vice President of Derivatives Market Intelligence at CBOE Global Markets Inc. (BATS:<a class="ticker" href="https://www.benzinga.com/stock/CBOE#BATS">CBOE</a>), Henry Schwartz, recently said <a href="https://www.benzinga.com/partner/news/25/05/45222085/zero-day-options-priced-appropriately-despite-market-volatility-insights-from-cboe-webinar-with-benz">during a Benzinga Webinar</a> this week that 0DTE options tend to be priced appropriately for current market conditions. &#8220;The options market is a pretty efficient marketplace, things are generally priced right,&#8221; he said.
Others, such as JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) analysts, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/03/31230564/jpmorgan-analysts-believe-these-options-could-turn-a-5-market-fall-into-a-deadly-di">have expressed concerns</a> that the rising popularity of 0DTE options could potentially exacerbate intraday market declines.
Photo Courtesy: Gsign76 On Shutterstock.com
Read More: 
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<li><a href="https://www.benzinga.com/news/earnings/25/05/45308042/monsters-ceo-we-dont-always-win-on-hedging-as-aluminum-tariffs-bite-into-q2-margins">Monster&#8217;s CEO: &#8216;We Don&#8217;t Always Win&#8217; On Hedging—As Aluminum Tariffs Bite Into Q2 Margins</a></li>
</ul>

A Sign Of 'Skyrocketing' Risk Appetite? One-Day Option Trades Explode In Popularity

"Shark Tank" star Kevin O&#8217;Leary isn&#8217;t sounding the alarms just yet. In an April 23 <a href="https://www.linkedin.com/posts/kevinolearytv_weve-been-talking-about-recession-now-for-activity-7320501285084884994-k4eS">LinkedIn post</a>, O&#8217;Leary addressed concerns about a looming recession, calling them overblown. &#8220;Markets correct 20% all the time,&#8221; he said, framing current volatility as business as usual rather than a red flag.&nbsp;
O&#8217;Leary stressed that despite four years of recession predictions, the economy remains stable — and he views the current downturn as a potential &#8220;buying opportunity&#8221; for smart investors.
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<h2 class="wp-block-heading">O&#8217;Leary Says Recession Fears Are Overstated</h2>
In the post, O&#8217;Leary challenged ongoing forecasts suggesting a 32% to 55% probability of a U.S. recession.&nbsp;
He stated, &#8220;We&#8217;ve been talking about recession now for four years in a row. Forecasters of recession have been wrong for four years straight.&#8221; According to O&#8217;Leary, the U.S. economy continues to perform solidly despite geopolitical uncertainty and fluctuating projections.
Much of the recent market anxiety, he argued, stems from tariff battles, particularly with China. He believes agreements with countries like the UK, Canada, and Mexico could reach a resolution soon, potentially easing pressures.
<h2 class="wp-block-heading">Trade Tensions Stir Up New Risks</h2>
O'Leary&#8217;s focus on trade echoes broader concerns across industries. Flexport CEO Ryan Petersen warned in an April 17<a href="https://x.com/typesfast/status/1912890256216695002?s=46&amp;t=Zwy9eX0Ffr9Jz93VyJtadg"> X post</a>, &#8220;Thousands and then millions of American small businesses, including many iconic brands, will go bankrupt this year if the tariff policies on China don&#8217;t change.&#8221;&nbsp;
Trending: Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.
Technology firms are also feeling the heat. Companies like Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>, GOOGL)) <a href="https://www.youtube.com/watch?v=SySgINoaI9A">posted better-than-expected Q1 earnings</a> amid tariff fears, signaling cautious optimism in the sector.&nbsp;
For now, the biggest hurdle remains finalizing an agreement with China over intellectual property rights, market access and World Trade Organization policies.
<h2 class="wp-block-heading">S&amp;P 500 Drops Could Signal Deals</h2>
Rather than panicking over recent dips, O&#8217;Leary sees an opportunity.<a href="https://x.com/kevinolearytv/status/1908656664167014544"> On X</a>, he shared that historical data shows the S&amp;P 500 often rebounds after corrections, describing it as &#8220;nothing new for the S&amp;P 500&#8221; and &#8220;a buying opportunity.&#8221;
Current valuations may support his outlook. According to <a href="https://ycharts.com/indicators/sp_500_pe_ratio_forward_estimate">YCharts</a>, the forward price-to-earnings ratio for the S&amp;P 500 has slipped from 20.48 a year ago to 18.05 in April, suggesting a market pullback could offer discounted entry points for long-term investors.
O&#8217;Leary emphasized that the S&amp;P 500&#8217;s tradition of bouncing back, with long-term annual returns between 8% and 10%, is likely to continue even amid trade headwinds.
See Also: Donald Trump just announced a $500 billion AI infrastructure deal — <a href="https://www.benzinga.com/money/seize-a-share-while-you-still-can-in-the-2-trillion-entertainment-market-with-elf-labs-at-just-2-25-share">here's how you can invest in the entertainment market's next big disruptor at $2.25 per share</a>.
<h2 class="wp-block-heading">Institutions Hedge Their Bets</h2>
Despite O&#8217;Leary&#8217;s optimism, some major financial institutions remain cautious. JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) has <a href="https://www.jpmorgan.com/insights/global-research/economy/recession-probability">lifted </a>its U.S. recession probability to 60% in 2025, citing sweeping tariffs by the Trump administration.
Meanwhile, the <a href="https://www.conference-board.org/research/us-forecast?">Conference Board</a> maintained that while trade tensions weigh on growth, the U.S. could avoid a full-blown recession due to strong underlying fundamentals.
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Personal Finance

GOOG

Kevin O'Leary Isn't Worried About A Crash — 'Markets Correct 20% All The Time,' And That's A 'Buying Opportunity' For Smart Investors

CNBC Halftime Report Final Trades: Microsoft Corporation, Leidos Holdings, Blackstone, JP Morgan Chase & Co

Rep. Marjorie Taylor Greene (R-Ga.) has been actively buying stocks in 2025, including transactions that may have been perfectly timed<a href="https://www.benzinga.com/politics/25/04/44852406/marjorie-taylor-greene-brushes-off-stock-buying-criticism-says-portfolio-manager-bought-the-dip"> during a market dip.</a>
Here's the latest transactions made by the congresswoman in early May.
What Happened: Greene was ranked as the 24th best-performing member of Congress based on their trades in 2024. The Congresswoman gained 30.2% for the year, <a href="https://www.benzinga.com/25/01/42860759/10-best-stock-traders-in-congress-in-2024-where-do-nancy-pelosi-pete-sessions-susan-collins-marjorie-taylor-greene-rank">outperforming the S&amp;P 500 </a>gain of 24.9%.
With new trades placed throughout the early months of 2025, Greene could see huge returns again during the year.
Here are her most recent trades made on May 5, as shown on the <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent050725">Benzinga Government Trades page</a>. All purchases made were listed as between $1,001 to $15,000 unless otherwise indicated.
<ul>
<li>Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</li>
<li>AbbVie (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>)</li>
<li>Adobe Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>)</li>
<li>Applied Materials (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>)</li>
<li>Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>)</li>
<li>Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</li>
<li>American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>)</li>
<li>Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)</li>
<li>Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>)</li>
<li>BHP Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHP#NYSE">BHP</a>)</li>
<li>BP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>)</li>
<li>Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)</li>
<li>Blackstone Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>)</li>
<li>Cardinal Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAH#NYSE">CAH</a>)</li>
<li>Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>)</li>
<li>Cummins Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>)</li>
<li>Chevron Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>)</li>
<li>Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>)</li>
<li>Digital Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>)</li>
<li>Duke Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>)</li>
<li>Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>)</li>
<li>FedEx Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>)</li>
<li>Frontline PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FRO#NYSE">FRO</a>)</li>
<li>Gilead Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>): two separate purchases of $1,001 to $15,000</li>
<li>Corning Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLW#NYSE">GLW</a>)</li>
<li>Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)</li>
<li>Goldman Sachs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)</li>
<li>Home Depot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>)</li>
<li>The Hershey Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>)</li>
<li>Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)</li>
<li>Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>)</li>
<li>JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>)</li>
<li>Kinder Morgan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMI#NYSE">KMI</a>)</li>
<li>Eli Lilly And Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>)</li>
<li>MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>)</li>
<li>Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</li>
<li>Merck Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>)</li>
<li>Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>)</li>
<li>Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</li>
<li>NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>)</li>
<li>ServiceNow Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NASDAQ">NOW</a>)</li>
<li>Norfolk Southern (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSC#NYSE">NSC</a>): two separate purchases of $1,001 to $15,000</li>
<li>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</li>
<li>Old Dominion Freight Line (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>)</li>
<li>Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>): two separate purchases of $1,001 to $15,000</li>
<li>Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>)</li>
<li>Paychex Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYX#NASDAQ">PAYX</a>)</li>
<li>Impinj Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PI#NASDAQ">PI</a>)</li>
<li>Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>)</li>
<li>Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>)</li>
<li>Charles Schwab Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>)</li>
<li>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</li>
<li>United Parcel Service (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>)</li>
<li>Visa Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>)</li>
<li>Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>)</li>
</ul>
In total, that's more than 50 different stocks bought and disclosed by Greene in the latest filing. Based on the purchase range of $1,001 to $15,000, this would make the transaction range over $50,000 and up to more than $800,000.
Read Also: <a href="https://www.benzinga.com/politics/25/04/45077654/bill-named-after-nancy-pelosi-could-ban-congress-members-from-trading-stocks-what-you-need-to-know-about-the-pelosi-act">Bill Named After Nancy Pelosi Could Ban Congress Members From Trading Stocks: What You Need To Know About The &#8216;PELOSI&#8217; Act</a>
Why It's Important: Members of Congress are allowed to buy and sell stocks as long as they properly disclose the transaction.
The process has drawn scrutiny from the public and retail investors as members of Congress could have inside information and time their trades accordingly. Committee assignments in particular, often draw red flags from investors.
Greene serves on the House Committee on Oversight and Accountability and the House Committee on Homeland Security with several subcommittee appointments. The congresswoman's past trade in technology and cybersecurity stocks has drawn attention with her role within Homeland Security.
Greene&#8217;s past trades of Palantir Technologies and a<a href="https://www.benzinga.com/25/03/44255172/marjorie-taylor-greene-buys-more-bitcoin-etf-shares-ahead-of-trumps-strategic-reserve-executive-order"> Bitcoin ETF </a>have drawn criticism along with the timing of her trades, as she is a close ally to President Donald Trump. 
When asked previously about buying stocks earlier this year that soared days later after Trump announced a pause to tariffs, Greene<a href="https://www.benzinga.com/politics/25/04/44852406/marjorie-taylor-greene-brushes-off-stock-buying-criticism-says-portfolio-manager-bought-the-dip"> brushed aside the criticism.</a>
&#8220;I think that criticism is laughable. President Trump has been talking about tariffs for decades,&#8221; Greene told reporters when asked about the trades at a recent town hall event in Georgia in a clip <a href="https://x.com/unusual_whales/status/1912456434081480777" target="_blank" rel="noreferrer noopener">shared </a>by Unusual Whales. The congresswoman used the opportunity to boast about her stock performance, which ranked her as one of the top trading members of Congress in 2024.
&#8220;I don&#8217;t place my buys and sells," Greene said, citing an agreement she has with her portfolio manager, who handles all the buying and selling of stocks. &#8220;He did a great job. Guess what he did. He bought the dip. And that&#8217;s what anybody that has financial sense does."
Greene also said her portfolio manager did not have inside information, everything was public and a potential tariff pause wasn&#8217;t a secret.
Sen. Josh Hawley (R-Mo.) has reintroduced legislation that would ban members of Congress from trading or holding individual stocks.
The bill is known as the Preventing Elected Leaders from Owning Securities and Investments Act, or PELOSI Act based on the first letter of each of the main words. The name takes aim at the congresswoman and former Speaker of the House Nancy Pelosi (D-Calif.).  
&#8220;Members of Congress should be fighting for the people they were elected to serve — not day trading at the expense of their constituents,&#8221; Hawley&nbsp;<a href="https://www.hawley.senate.gov/hawley-reintroduces-pelosi-act-to-ban-congress-from-trading-stocks/" target="_blank" rel="noreferrer noopener">said</a>. &#8220;Americans have seen politician after politician turn a profit using information not available to the general public.&#8221;
Hawley said the bill will help &#8220;restore Americans&#8217; trust in our nation&#8217;s legislative body.&#8221;
Hawley&#8217;s bill is being reintroduced as President&nbsp;Donald Trump&nbsp;<a href="https://time.com/7280114/donald-trump-2025-interview-transcript/" target="_blank" rel="noreferrer noopener">said&nbsp;</a>he would support such a ban.
&#8220;Well, I watched Nancy Pelosi get rich through insider information, and I would be okay with it. If they send it to me, I would do it,&#8221; Trump told TIME.
Trump said he would sign the ban if the bill passes Congress.
While Pelosi makes headlines for her trades, it&#8217;s important to remember that<a href="https://www.benzinga.com/politics/25/04/44852406/marjorie-taylor-greene-brushes-off-stock-buying-criticism-says-portfolio-manager-bought-the-dip" target="_blank" rel="noreferrer noopener">&nbsp;it is both Republican</a>&nbsp;and Democratic members of Congress who are profiting from buying and selling stocks and options while in office, with some trades coming with questionable timing or having a connection to committees they serve on.
In 2024, a list of the top-performing traders in Congress included six Republicans and four Democrats.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent050725">Get Tips On What They Bought And Sold With Our Easy-to-Use Tool</a></li>
</ul>
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent050725"><img loading="lazy" decoding="async" width="1024" height="330" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/07181256/Picture1-1-1024x330.png" alt="" class="wp-image-906796" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/07181256/Picture1-1-1024x330.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/07181256/Picture1-1-300x97.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/07181256/Picture1-1-768x248.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/07181256/Picture1-1.png 1430w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Photo: Shutterstock

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Marjorie Taylor Greene Goes Stock Shopping Again: Here Are 50+ Stocks The Congresswoman Bought

Investors with a lot of money to spend have taken a bearish stance on JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with JPM, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 8 uncommon options trades for JPMorgan Chase.
This isn't normal.
The overall sentiment of these big-money traders is split between 25% bullish and 62%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $1,051,292, and 2 are calls, for a total amount of $86,625.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $210.0 and $260.0 for JPMorgan Chase, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of JPMorgan Chase stands at 2594.43, with a total volume reaching 3,130.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in JPMorgan Chase, situated within the strike price corridor from $210.0 to $260.0, throughout the last 30 days.
<h3>JPMorgan Chase 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1746630054_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$6.65</td>
<td>$6.5</td>
<td>$6.64</td>
<td>$235.00</td>
<td>$664.0K</td>
<td>828</td>
<td>1.0K</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$1.09</td>
<td>$1.08</td>
<td>$1.08</td>
<td>$210.00</td>
<td>$196.4K</td>
<td>9.0K</td>
<td>1.9K</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$19.75</td>
<td>$19.45</td>
<td>$19.75</td>
<td>$240.00</td>
<td>$61.2K</td>
<td>3.2K</td>
<td>34</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$15.5</td>
<td>$15.5</td>
<td>$15.5</td>
<td>$250.00</td>
<td>$54.2K</td>
<td>1.2K</td>
<td>35</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$16.65</td>
<td>$16.45</td>
<td>$16.65</td>
<td>$260.00</td>
<td>$49.9K</td>
<td>474</td>
<td>34</td>
</tr>
</tbody>
</table>

<h3>About JPMorgan Chase</h3>
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments: consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.
Following our analysis of the options activities associated with JPMorgan Chase, we pivot to a closer look at the company's own performance.
<h3>Current Position of JPMorgan Chase</h3>
<ul>
<li>With a trading volume of 1,884,196, the price of JPM is up by 0.81%, reaching $251.26.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 69 days from now.</li>
</ul>
<h3>Expert Opinions on JPMorgan Chase</h3>
In the last month, 2 experts released ratings on this stock with an average target price of $278.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Truist Securities continues to hold a Hold rating for JPMorgan Chase, targeting a price of $251. 
&#x2A; An analyst from UBS has decided to maintain their Buy rating on JPMorgan Chase, which currently sits at a price target of $305. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for JPMorgan Chase, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.

This Is What Whales Are Betting On JPMorgan Chase

Tempus AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>) during the first quarter secured a multi-million dollar deal to build &#8220;the world&#8217;s largest foundation model for oncology.&#8221;
What Happened: During its <a href="https://benzinga.com/general/health-care/25/05/45238450/tempus-ai-q1-earnings-revenue-beat-eps-beat-raised-fy-guidance-shares-surge">first-quarter earnings</a> call on Tuesday, Tempus shed light on its new $200 million, three-year data and modeling license agreement with AstraZeneca PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NASDAQ">AZN</a>) and Pathos AI, aimed at developing a foundational model to support diagnostics and drug discovery in oncology.
&#8220;And this is big for a few reasons,&#8221; said Tempus CEO Eric Lefkofsky. <a href="https://www.benzinga.com/news/contracts/25/04/44960263/tempus-ai-stock-is-ripping-higher-wednesday-whats-fueling-the-move">This deal</a> brings the company's total remaining contract value to $1 billion and provides access to more than 300 petabytes of rich multimodal data linked to outcomes. Most importantly, Lefkofsky added, a substantial portion of the computing costs will be covered by AstraZeneca and Pathos AI.
See More: <a href="https://www.benzinga.com/general/health-care/25/05/45245367/novo-nordisks-weight-loss-blockbuster-faces-setback-from-us-compounding-surge-forecast-trimmed">Novo Nordisk&#8217;s Weight Loss Blockbuster Faces Setback From US Compounding Surge, Forecast Trimmed</a>
Lefkofsky says that the model is expected to be completed within 9 to 12 months, following which, each party will get a copy, &#8220;AZ [AstraZeneca] and Pathos to advance their drug discovery efforts and Tempus to advance its diagnostic and data products,&#8221; he says.
Lefkofsky also emphasized that the agreement is non-exclusive, allowing Tempus to license its data and collaborate on model development with other partners in the future. &#8220;We can essentially license data and build models with others, and we hope to do so,&#8221; he said, underscoring the broader strategic value of the deal.
Why It Matters: Tempus shares have been popular among retail investors ever since Former House Speaker Nancy Pelosi <a href="https://www.benzinga.com/trading-ideas/movers/25/01/43131818/whats-going-on-with-tempus-ai-shares-wednesday">disclosed her position</a> in the company, early this year. 
There has also been a big <a href="https://benzinga.com/25/02/43805475/big-bets-on-ai-powered-precision-medicine-major-funds-from-ark-and-jpmorgan-to-blackrock-and-citadel-add-tempus-ai-to-their-portfolio">surge in institutional holdings</a> in recent months, with the likes of JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), BlackRock Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>), and Cathie Wood&#8217;s Ark Invest all scooping up its shares. 
The company reported $255.76 million in revenue <a href="https://benzinga.com/general/health-care/25/05/45238450/tempus-ai-q1-earnings-revenue-beat-eps-beat-raised-fy-guidance-shares-surge">during the first quarter</a>, up 75.4% YoY, and ahead of consensus estimates at $248.13 million. It posted a loss of $0.24 per share, beating analyst estimates forecasting a loss of $0.27 per share. 
Price Action: Tempus shares were down 3.48% on Tuesday, and it is currently down another 1.72% after hours.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="802" height="214" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/07043346/Screenshot-2025-05-07-at-2.03.35-PM.png" alt="" class="wp-image-905084" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/07043346/Screenshot-2025-05-07-at-2.03.35-PM.png 802w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/07043346/Screenshot-2025-05-07-at-2.03.35-PM-300x80.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/07043346/Screenshot-2025-05-07-at-2.03.35-PM-768x205.png 768w" sizes="(max-width: 802px) 100vw, 802px" /></figure>
The stock has a favorable price trend in the short, medium, and long term according to Benzinga&#8217;s Edge Stock Rankings. For more insights, sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge</a>.
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Photo courtesy: Piotr Swat / Shutterstock.com

Health Care

Tempus AI Strikes $200M Deal With AstraZeneca, Pathos To Build World's Largest Oncology Model

JPMorgan Chase's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) short percent of float has risen 6.59% since its last report. The company recently reported that it has 26.98 million shares sold short, which is 0.97% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.56 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>JPMorgan Chase Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1746554434_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for JPMorgan Chase has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing JPMorgan Chase's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, JPMorgan Chase's peer group average for short interest as a percentage of float is 1.14%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

What's Driving the Market Sentiment Around JPMorgan Chase?

President Donald Trump's announcement of new tariffs on April 2 sent shockwaves across global financial markets and continues to weigh on market sentiment. Economists are now warning of an increased risk of recession as nations respond with retaliatory duties against the US. JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) in April <a href="https://www.reuters.com/markets/jpmorgan-lifts-global-recession-odds-60-us-tariffs-stoke-fears-2025-04-04/">raised</a> its odds of recession to 60% from 40%, citing supply-chain shocks due to tariffs.
Tariffs and trade wars between major countries are now taking a real toll on businesses. An entrepreneur in early April <a href="https://www.reddit.com/r/smallbusiness/comments/1jpzur5/do_you_import_what_do_you_plan_to_do_about_tariffs/">asked</a> small business owners on Reddit —particularly those importing products and raw materials— how they are navigating the impact of tariffs.&nbsp;
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<h2 class="wp-block-heading">‘Our Customers May Just Stop Buying'</h2>
The original poster said he's been selling pottery products imported from Poland for the last 20 years. He said European products are subject to tariffs of around 20%, and that puts his business in jeopardy. Asked if he could move production to the US, the Redditor said he's selling a traditional Polish folk art product that cannot be developed elsewhere.
"Our product is a want not a need, so we can raise the price but our customers may just stop buying," he added.
His post received over 250 comments, with many small business owners sharing the problems and concerns they are facing due to new tariff policies.
Trending: How do billionaires pay less in income tax than you?<a href="https://www.benzinga.com/money/tax-deferring-adv"> Tax deferring is their number one strategy</a>.
<h2 class="wp-block-heading">‘Heading Towards a Major Economic Disaster'</h2>
A small business owner called Trump's tariffs a "disaster" as the core raw material for his business is subject to 25% to 46% duties. He said he's is unable to operate a domestic manufacturing plant for raw material in the US because Americans are "simply unwilling to do this job anymore." He said immigration-related restrictions are also causing difficulties for him to find the necessary workforce.
"The concept of trying to encourage domestic production by creating tariffs while also pursuing immigration policies that make finding a reliable labor force in the US impossible is just nonsensical," he added.
Another commenter said he will probably go out of business and is unable to do anything about it.&nbsp;
"We&#8217;re heading towards a major economic disaster. Not much I can do about any of it," he wrote.
<h2 class="wp-block-heading">Business ‘Untenable' After Tariffs</h2>
Another Redditor commented that he's closing his business due to the impact of tariffs and has stopped placing any new orders. Since his production operations are in China, tariffs have made his wholesale business "untenable" due to their impact on margins, he added.
"Not to mention unpredictable consumer behaviors and people holding their wallets closer and being less likely to purchase non-necessary goods," he wrote.&nbsp; "Buying into new inventory just seems like a liability for us at this point."
See Also: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>
<h2 class="wp-block-heading">Raising Prices</h2>
Some business owners said they are planning to pass on the impact of tariffs to customers with higher prices. One Redditor said he is making a plan to roll out new prices for his customers that would reflect the impact of tariffs. He also believes the US lacks the necessary infrastructure and labor to develop the products he imports.
"The companies that do perform those processes in the US are running 2 year backlogs and only support the multi-billion dollar OEMs anyways," he said.
<h2 class="wp-block-heading">Producing Outside of China</h2>
A Redditor who runs a commercial trucks parts business said he's preparing a strategy to deal with the impact of tariffs on his incoming shipments from China. He invested to source more inventory before tariffs went into effect and was also considering India as an alternative for manufacturing because he has a production facility in the country:&nbsp;
"We have our India factory, which got hit with 26% today. That&#8217;s better than now 67% on China plus an additional 25% due to auto parts category," he said.
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'Major Economic Disaster' Amid Trump Tariffs: American Small Business Owners Face Closures, Price Hikes, And Losses

What if a little <a href="https://www.benzinga.com/personal-finance/25/02/43420405/which-executive-order-lowers-prices-cbs-host-brennan-grills-jd-vance-on-trumps-economic-promises">economic</a> pain could mean long-term gain? That&#8217;s the stance hedge fund manager Kyle Bass is taking. Best known for correctly betting against the U.S. housing market in 2008, Bass now believes that America needs a &#8220;reset&#8221;—and a slight recession may be the price tag to fix trade and cut the deficit.
During an<a href="https://www.youtube.com/watch?v=R9rQRhEBKDI"> April 10 interview</a> with Bloomberg TV, Bass said the U.S. must rethink its trade relationships and rein in spending, even if it leads to short-term turbulence. His comments come as global markets react to President Donald Trump&#8217;s sweeping new tariff proposals.
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<h2 class="wp-block-heading">Wall Street, Washington, And The Cost of Realignment</h2>
&#8220;We must reset our trade relationships with the rest of the world; we also must narrow our fiscal deficit in the U.S., and both of those things might be slightly recessionary,&#8221; Bass said. &#8220;We might have to go through a brief recession in order to rebuild our foundation,&#8221; he added.
Bass&#8217;s remarks echo Trump&#8217;s April's proposal to impose a 10% tariff on most imports, with higher rates for specific countries like China. The Trump administration claims tariffs would lure manufacturers to the U.S. and eliminate trade deficits, framing the April 2 announcement as &#8220;Liberation Day.&#8221;
However, several large American firms have begun hiking prices to offset increased import costs.
JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) CEO Jamie Dimon pushed back in his April 7<a href="https://www.jpmorganchase.com/ir/annual-report/2024/ar-ceo-letters"> annual letter to shareholders</a>, expressing concern that rising prices and slowing growth would hurt consumers and delay investment.
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Bill Ackman, the founder of Pershing Square Capital Management, issued an even sharper critique. "The president has an opportunity to call a 90-day time out, negotiate and resolve unfair asymmetric tariff deals, and induce trillions of dollars of new investment in our country," <a href="https://x.com/BillAckman/status/1908992002366292286">he posted on X</a> on April 6, adding that the current trade agenda risked sparking an "economic nuclear war."
In its April outlook, the <a href="https://www.imf.org/en/Publications/WEO/Issues/2025/04/22/world-economic-outlook-april-2025">International Monetary Fund</a> revised its global growth forecasts downward, citing &#8220;unprecedented uncertainty&#8221; caused by ongoing trade tensions. While the IMF stopped short of predicting a global recession, it flagged heightened risks for developing and developed economies alike.
The U.S. is also dealing with internal economic pressures. Data from the <a href="https://www.bea.gov/taxonomy/term/11?">Bureau of Economic Analysis</a> showed the nation recorded a trade deficit of $122.70 billion in February—a slightly lower valuation compared to January&#8217;s $130.70 billion.
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Meanwhile, the<a href="https://budgetmodel.wharton.upenn.edu/issues/2025/4/10/economic-effects-of-president-trumps-tariffs"> Penn Wharton Budget Model</a> warned that the long-run impact of tariffs could shrink GDP by 6%, reduce wages by 5%, and cost middle-income households up to $22,000 in lifetime earnings.
Still, Bass dismissed the idea of lasting economic damage. In his Bloomberg interview, he predicted only &#8220;a slight <a href="https://www.benzinga.com/startups/25/02/43493701/fed-chair-jerome-powell-faces-trumps-pressure-the-president-cant-fire-me-as-interest-rates-hold-steady-at-4-25-4-5">inflationary</a> uptick on a couple of goods&#8221; and claimed the recessionary shock &#8220;will actually bring the general price level down.&#8221; He argued there&#8217;s no significant threat of stagflation.
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Investor Kyle Bass Says U.S. Needs A Reset -' A Slight Recession May Be The Price Tag To Fix Trade And Cut The Deficit'

The U.S. Treasury Department has sharply increased its borrowing estimate for the current quarter, projecting $514 billion in net marketable debt from April through June. That marks a stunning 317% jump from its earlier forecast of $123 billion, made just two months ago.
<h2 class="wp-block-heading">What Changed?</h2>
The big shift is largely due to the government starting the quarter with far less cash on hand than expected. <a href="https://www.bloomberg.com/news/articles/2025-04-28/us-boosts-net-borrowing-estimate-to-514-billion-this-quarter">Bloomberg</a> reported in February that the Treasury expected to have $850 billion in its coffers by the end of March. Instead, the balance was just $406 billion.
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&#8220;Excluding the lower than assumed beginning-of-quarter cash balance, the current quarter borrowing estimate is $53 billion lower than announced in February,&#8221; Treasury <a href="https://home.treasury.gov/news/press-releases/sb0115">said</a> on Monday.
Bloomberg reported that lower balance is mostly the result of Congress still not raising the federal debt ceiling, which limits the government's ability to issue new debt. The Treasury is still assuming that the debt limit will be resolved and says it expects to have $850 billion in cash by the end of June. But if that doesn&#8217;t happen, borrowing would likely come in $53 billion lower than planned.
<h2 class="wp-block-heading">Looking Ahead</h2>
For the July through September quarter, the Treasury expects to borrow $554 billion, again assuming the cash balance reaches $850 billion by the end of the period.
The department also revised its look back at the first quarter of 2025. It had expected to borrow $815 billion but ended up needing just $369 billion, mainly due to ending that quarter with $444 billion less in cash than assumed.
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According to Bloomberg, Wall Street had been bracing for a sharp increase in borrowing needs. JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) had forecast $255 billion in borrowing for the current quarter, based on a much lower cash balance projection. Meanwhile, Bloomberg also cites Lou Crandall, senior economist at Wrightson ICAP, who warned even before the announcement that the Treasury might raise its estimate if it continued assuming an &#8220;unrealistic&#8221; $850 billion end-of-quarter balance.
Crandall also said that President Donald Trump's recent <a href="https://www.benzinga.com/markets/25/04/44831287/trump-administration-imposes-up-to-245-tariff-on-chinese-imports-amid-intensifying-trade-battle">hikes in import duties</a> could be influencing Treasury's cash planning, as higher customs revenues flow in.
<h2 class="wp-block-heading">Public Reaction</h2>
The news of the Treasury's updated borrowing plan has stirred up a wave of reactions <a href="https://x.com/unusual_whales/status/1917161185482621188">online</a>. Some pointed out the irony of increased debt under a political movement that once promised fiscal discipline. Others questioned how the government could miscalculate its cash position so drastically in just a few months.
See Also: Shark Tank's Kevin O'Leary called Missing Ring his biggest mistake — Don't repeat history—<a href="https://www.benzinga.com/money/big-tech-has-spent-billions-acquiring-ai-smart-home-startups-one-company-stands-to-benefit-and-has-already-made-10-million">invest in RYSE at just $1.90/share.</a>
Concerns also surfaced about how the surge in borrowing might affect everyday Americans, with several users warning that higher debt could result in <a href="https://www.benzinga.com/news/econ-s/25/04/45022780/high-mortgage-rates-economic-uncertainty-rain-on-spring-home-buying-season">rising mortgage rates</a>, credit card interest, and other borrowing costs.
There was also criticism of <a href="https://www.benzinga.com/news/25/04/44873656/josh-hawley-proposes-historic-tax-cuts-for-americans-earning-below-80k-annually-republicans-should-f">proposed tax cuts</a> and <a href="https://www.benzinga.com/news/25/02/43980072/theres-no-reason-to-spend-1-trillion-on-the-military-trumps-statement-sends-us-defense-stocks-spiraling-whil">military budget increases</a>, with some highlighting the Pentagon's repeated failures to pass audits. A few questioned why the government needs to borrow its own currency in the first place, while others expressed frustration over what they see as a lack of accountability and fiscal responsibility.
Overall, the responses reflect widespread unease about the economic implications of the Treasury's revised estimates and what they signal about the state of federal finances.
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Image: Shutterstock

US Treasury Ramps Up Borrowing Needs To $514 Billion, Marking A Surprising 320% Jump From Its Previous Forecast

On Saturday, the ‘Oracle of Omaha's <a href="https://www.benzinga.com/25/05/45184410/warren-buffett-to-step-down-as-berkshire-hathaway-ceo-by-end-of-year-asks-board-to-confirm-greg-abel-as-successor">departure as</a> Berkshire Hathaway's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) CEO has triggered an outpouring of admiration from Silicon Valley to Wall Street.
What Happened: Warren Buffett, 94, announced that he plans to step down as CEO of Berkshire Hathaway by the end of the year, bringing to a close one of the most celebrated careers in corporate America.
The announcement came during Berkshire's annual shareholders meeting in Omaha, Nebraska.
"I think the time has arrived where Greg should become the chief executive of the company at year end," Buffett said, referring to Greg Abel, <a href="https://www.benzinga.com/markets/25/05/45183000/warren-buffetts-right-hand-man-greg-abel-is-quietly-taking-over-day-to-day-leadership-at-berkshire-hathaway-gotten-much-more-involved-in-capital-allocation-decisions">Berkshire's vice chairman</a>, who will take the reins.
Also Read:&nbsp;<a href="https://www.benzinga.com/25/02/43900955/berkshire-hathaways-q4-profits-soar-71-warren-buffett-says-his-firm-has-paid-more-taxes-than-tech-titans-in-trillions" target="_blank" rel="noreferrer noopener">Berkshire Hathaway Q4 Profits Soar 71%, Buffett Says Firm Pays More Taxes Than ‘Tech Titans&#8217; With Market Value in ‘Trillions&#8217;</a>
His statement was met with a prolonged standing ovation, reportedly lasting up to 10 minutes, from a crowd of thousands who gathered to honor his decades of leadership.
Business leaders and public figures across industries were quick to pay tribute.
"There's never been someone like Warren, and countless people, myself included, have been inspired by his wisdom," Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) CEO Tim Cook wrote on X, formerly Twitter. "It's been one of the great privileges of my life to know him. And there's no question that Warren is leaving Berkshire in great hands with Greg."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">There's never been someone like Warren, and countless people, myself included, have been inspired by his wisdom. It's been one of the great privileges of my life to know him. And there's no question that Warren is leaving Berkshire in great hands with Greg. <a href="https://t.co/7p5zXtq5hP">pic.twitter.com/7p5zXtq5hP</a>
&mdash; Tim Cook (@tim_cook) <a href="https://twitter.com/tim_cook/status/1918745258818482382?ref_src=twsrc%5Etfw">May 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
CNBC's Mad Money host Jim Cramer praised Buffett as "our only G.O.A.T." and said he was "in awe" of the legendary investor.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">In awe of Buffett and congratulate him on the greatest run of all time. Our only G.O.A.T.
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1918752821622514086?ref_src=twsrc%5Etfw">May 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
In a <a href="https://www.businessinsider.com/warren-buffett-steps-down-berkshire-hathaway-business-leaders-react-2025-5">statement</a> to Business Insider, Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) co-founder Bill Gates called him "one of the greatest CEOs ever" and "hands-down the most successful investor of all time."
Billionaire and Dallas Mavericks owner Mark Cuban shared a more personal memory. "We used to go to DQ in Omaha," he said in an email to BI. "It was the highlight of my year." He also shared a video of Buffett's ovation on X.
Spencer Hakimian, founder of Tolou Capital Management, shared a similar video on X and wrote, "Curtain call for the captain."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Warren Buffett just got a 10 minute long standing ovation after announcing his retirement. Curtain call for the captain. &#x1f979; <a href="https://t.co/RRk4CpgFZh">pic.twitter.com/RRk4CpgFZh</a>
&mdash; Spencer Hakimian (@SpencerHakimian) <a href="https://twitter.com/SpencerHakimian/status/1918729831144894824?ref_src=twsrc%5Etfw">May 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) CEO Jamie Dimon added to the chorus of praise, saying, "Warren Buffett represents everything that is good about American capitalism and America itself — investing in the growth of our nation and its businesses with integrity, optimism, and common sense. I&#8217;ve learned so much from him to this very day, and I am honored to call him a friend," reported Reuters.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Credit: Prachaya Roekdeethaweesab / Shutterstock.com

Equities

Tech

Media

General

'Curtain Call For The Captain:' Tim Cook, Bill Gates, Mark Cuban And Other Top Business Leaders React As Warren Buffett Bows Out

Barstool Sports founder Dave Portnoy isn't buying President Donald Trump's latest attempt to pin a shaky stock market and economic slowdown on former President Joe Biden.
After Trump claimed in a Truth Social <a href="https://truthsocial.com/@realDonaldTrump/posts/114427089568235019">post</a> that the current stock market dip is still &#8220;Biden's Stock Market,&#8221; Portnoy fired back. &#8220;What's that old expression? Don't piss down my back and tell me it's raining? Well that applies here,&#8221; he wrote on <a href="https://x.com/stoolpresidente/status/1917607515270901952">X</a> on Wednesday.&nbsp;
&#8220;The stock market is a direct reflection of Trump's first 100 days in office. Doesn't mean it won't get better and that we don't need to be patient, but this is his market not Biden's.&#8221;
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<h2 class="wp-block-heading">Trump Keeps Pointing at Biden</h2>
Following a <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/45100047/recession-odds-spike-wall-street-tumbles-as-q1-gdp-surprisingly-contracts-be-patient-trump-responds">0.3% drop in U.S. GDP</a> for Q1 2025—the first contraction in three years—Trump <a href="https://www.benzinga.com/markets/25/04/45124644/trump-blames-gdp-contraction-on-biden-overhang-nothing-to-do-with-the-tariffs">blamed the results on Biden</a>. &#8220;This is Biden,&#8221; he <a href="https://youtu.be/1QBwJsxN0OQ?si=-u2bcue3Y_rDKqcU&amp;t=6474">said</a> on Wednesday at a Cabinet meeting, adding that even Q2 results should partly fall on his predecessor because &#8220;it doesn't just happen on a daily or an hourly basis.&#8221;
In the same Truth Social post, Trump argued that the U.S. economy was still weighed down by the &#8220;Biden overhang&#8221; and that his own policies, especially tariffs, would soon spark a boom. &#8220;Companies are starting to move into the USA in record numbers,&#8221; he posted. &#8220;Our country will boom, but we have to get rid of the Biden ‘Overhang.' This will take a while, has NOTHING TO DO WITH TARIFFS.&#8221;
But economists say otherwise. The Commerce Department <a href="https://www.bea.gov/data/gdp/gross-domestic-product">attributed</a> the GDP dip to a surge in imports from companies trying to beat Trump's upcoming tariffs. A drop in government spending also played a role. Market analysts note that Trump's policies are already affecting economic behavior.
Trending: Donald Trump just announced a $500 billion AI infrastructure deal — <a href="https://www.benzinga.com/money/seize-a-share-while-you-still-can-in-the-2-trillion-entertainment-market-with-elf-labs-at-just-2-25-share">here's how you can invest in the entertainment market's next big disruptor at $2.25 per share</a>.
<h2 class="wp-block-heading">Executives Cashed Out, Portnoy Stayed In</h2>
While tech and finance insiders were unloading stocks before the market dropped, Portnoy stuck it out and lost big.
As Benzinga previously <a href="https://www.benzinga.com/news/25/04/45028996/in-response-to-zuckerberg-and-dimon-stock-sell-offs-dave-portnoy-says-he-didnt-unload-anything-got-smoked-like-everybody-else">reported</a>, Meta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg sold 1.1 million shares for $733 million, Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) CEO Safra Catz sold $705 million in stock, and JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) CEO Jamie Dimon sold $234 million—all before Trump's tariff announcements sent markets into a nosedive.
Portnoy, on the other hand, <a href="https://x.com/stoolpresidente/status/1914429319499165931">wrote</a> to his X followers mid-April, "I did NOT unload any stock. Got smoked like everybody else." He initially estimated a $7 million hit but later revised it to $20 million, around 15% of his net worth.
See Also: Shark Tank's Kevin O'Leary called Missing Ring his biggest mistake — Don't repeat history—<a href="https://www.benzinga.com/money/big-tech-has-spent-billions-acquiring-ai-smart-home-startups-one-company-stands-to-benefit-and-has-already-made-10-million">invest in RYSE at just $1.90/share.</a>
Still, Portnoy isn't jumping ship. On his livestream, he called Trump &#8220;a smart guy&#8221; and said he's going to see how the tariff game plays out.
&#8220;I'm going to roll with him and see how it plays out,&#8221; he said.
<h2 class="wp-block-heading">From Credit to Blame</h2>
Trump is now trying to distance himself from weak economic data, but just last year, he was eager to take credit for market gains under Biden. On Jan. 29, 2024, while still a presidential candidate, Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/111840568643216314">posted</a> on Truth Social in all caps: "THIS IS THE TRUMP STOCK MARKET BECAUSE MY POLLS AGAINST BIDEN ARE SO GOOD THAT INVESTORS ARE PROJECTING THAT I WILL WIN."
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Image: Shutterstock

ORCL

'Don't Piss Down My Back And Tell Me It's Raining,' Says Dave Portnoy—'This Is Trump's Market, Not Biden's'

On the April 18 episode of the <a href="https://www.youtube.com/watch?v=LWi7rVR9TCw">"Pivot&#8221;</a> podcast, marketing professor and tech entrepreneur Scott Galloway declared, &#8220;The worm has turned,&#8221; predicting that CEOs and Republican leaders would soon break their silence on President Donald Trump&#8217;s sweeping tariffs.&nbsp;
Speaking with co-host Kara Swisher, Galloway compared Trump&#8217;s trade war tactics to opening &#8220;a second front&#8221; in a global economic battle, warning that striking at every ally simultaneously would force a backlash in business and politics.
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<h2 class="wp-block-heading">CEOs Feeling The Heat</h2>
The Trump administration&#8217;s tariffs—reaching 145% on some Chinese imports—are already hitting U.S. companies hard.&nbsp;
&#8220;We are likely to see inflationary outcomes,&#8221; warned JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) CEO Jamie Dimon in his <a href="https://www.jpmorganchase.com/content/dam/jpmc/jpmorgan-chase-and-co/investor-relations/documents/ceo-letter-to-shareholders-2024.pdf">2024 annual letter to investors</a>. &#8220;Whether or not the menu of tariffs causes a recession remains in question, but it will slow down growth.&#8221;
On a similar note, Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk has made his feelings clear on Trump&#8217;s tariffs. In an April 5<a href="https://www.youtube.com/watch?v=vFLorn6MQgQ"> video-linked interview</a> with Italian Deputy Prime Minister Matteo Salvini, Musk said, &#8220;I hope it&#8217;s agreed that both Europe and the United States move to a zero tariff situation.&#8221;&nbsp;
The tech sector, especially vulnerable to global supply chain shocks, is feeling the tremors. Although Alphabet&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>, GOOGL)) <a href="https://abc.xyz/assets/34/fa/ee06f3de4338b99acffc5c229d9f/2025q1-alphabet-earnings-release.pdf">recent earnings report</a> provided some relief. However, a broader look shows that companies like Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) face mounting logistical hurdles due to tariff disruptions.
Trending: It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
<h2 class="wp-block-heading">GOP Cracks Begin to Show</h2>
Cracks are appearing inside the Republican Party. In an April 4<a href="https://www.foxnews.com/opinion/sen-rand-paul-terminate-trump-tariffs-before-its-too-late"> Fox News Op-Ed</a>, Sen. Rand Paul (R-KY) criticized the tariffs, saying, &#8220;The truth is that tariffs are taxes. They don&#8217;t punish foreign governments; they punish American families.&#8221;
Sen. Thom Tillis (R-NC) also expressed his concerns. When<a href="https://www.youtube.com/watch?v=hOhH-U6CtMU&amp;t=23s"> addressing</a> U.S. Trade Representative Jamieson Greer during a Senate Finance Committee hearing on April 9, Tillis inquired with urgency, &#8220;Whose throat do I get to choke if this proves&nbsp; wrong?&#8221; while warning of the negative economic consequences.&nbsp;
Even voters in Trump-stronghold districts are starting to feel the squeeze. Based on firsthand accounts gathered by <a href="https://www.reuters.com/business/autos-transportation/rubber-ducks-401ks-trump-voters-feel-tariff-pain-most-see-long-term-gain-2025-04-27/">Reuters</a>, many admitted the financial toll has been heavier than expected.
See Also: Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.60 per share now</a>.
<h2 class="wp-block-heading">Economic Warning Bells Sound Off</h2>
Economic indicators mirror the growing alarm. The <a href="https://www.imf.org/en/Blogs/Articles/2025/04/22/the-global-economy-enters-a-new-era">International Monetary Fund</a> recently downgraded its U.S. economic growth projection to 1.8% for 2025 from the previous 2.8%, attributing the decline largely to trade disputes.
Tariffs have also driven up consumer prices by an average of 2.3%, costing the typical American household roughly $3,800 annually, based on analysis from the<a href="https://budgetlab.yale.edu/research/where-we-stand-fiscal-economic-and-distributional-effects-all-us-tariffs-enacted-2025-through-april"> Yale Budget Lab</a>.
<h2 class="wp-block-heading">Galloway Calls It a Turning Point</h2>
During the &#8220;Pivot&#8221; episode, Galloway referenced Martin Niemöller&#8217;s famous warning about political apathy, connecting it to the modern-day risks of staying silent. He urged corporate leaders to show ethics, leadership, and sustainability — &#8220;do the right thing even when it&#8217;s really hard.&#8221;&nbsp;
Galloway projected that within &#8220;the next week or two,&#8221; Fortune 500 CEOs would stand up publicly against Trump&#8217;s policies. &#8220;Someone is going to come out and say, this is anti-American,&#8221; he said.
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Scott Galloway Says CEOs And Republicans Will Soon Speak Out Against Trump's Tariffs – 'The Worm Has Turned'

In the current session, the stock is trading at $247.29, after a 1.09% increase. Over the past month, JPMorgan Chase Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) stock increased by 8.80%, and in the past year, by 29.81%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2025/1746118830_0_0.png" alt="Past Year Chart" />

<h3>How Does JPMorgan Chase P/E Compare to Other Companies?</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
JPMorgan Chase has a better P/E ratio of 12.0 than the aggregate P/E ratio of 11.87 of the Banks industry. Ideally, one might believe that JPMorgan Chase Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1746118830_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

Price Over Earnings Overview: JPMorgan Chase

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/02/25</td>
<td>$60.00</td>
<td>$84.8K</td>
<td>15.2K</td>
<td>11.7K</td>
</tr>
<tr>
<td>CME</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$290.00</td>
<td>$309.7K</td>
<td>147</td>
<td>486</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/02/25</td>
<td>$242.50</td>
<td>$25.4K</td>
<td>1.0K</td>
<td>438</td>
</tr>
<tr>
<td>V</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$340.00</td>
<td>$37.9K</td>
<td>48</td>
<td>373</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$12.00</td>
<td>$29.0K</td>
<td>98.3K</td>
<td>340</td>
</tr>
<tr>
<td>MS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$115.00</td>
<td>$29.1K</td>
<td>3.4K</td>
<td>126</td>
</tr>
<tr>
<td>PYPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$60.00</td>
<td>$162.9K</td>
<td>9.5K</td>
<td>11</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on May 2, 2025. This event was a transfer of 3787 contract(s) at a $60.00 strike. This particular call needed to be split into 52 different trades to become filled. The total cost received by the writing party (or parties) was $84.8K, with a price of $22.0 per contract. There were 15275 open contracts at this strike prior to today, and today 11789 contract(s) were bought and sold. 
• Regarding CME (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CME#NASDAQ">CME</a>), we observe a call option sweep with bullish sentiment. It expires in 107 day(s) on August 15, 2025. Parties traded 484 contract(s) at a $290.00 strike. This particular call needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $309.7K, with a price of $640.0 per contract. There were 147 open contracts at this strike prior to today, and today 486 contract(s) were bought and sold. 
• For JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we notice a call option trade that happens to be bearish, expiring in 2 day(s) on May 2, 2025. This event was a transfer of 100 contract(s) at a $242.50 strike. The total cost received by the writing party (or parties) was $25.4K, with a price of $254.0 per contract. There were 1032 open contracts at this strike prior to today, and today 438 contract(s) were bought and sold. 
• For V (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), we notice a put option trade that happens to be bullish, expiring in 79 day(s) on July 18, 2025. This event was a transfer of 29 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $37.9K, with a price of $1310.0 per contract. There were 48 open contracts at this strike prior to today, and today 373 contract(s) were bought and sold. 
• For NU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), we notice a call option trade that happens to be neutral, expiring in 261 day(s) on January 16, 2026. This event was a transfer of 131 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $222.0 per contract. There were 98322 open contracts at this strike prior to today, and today 340 contract(s) were bought and sold. 
• Regarding MS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), we observe a put option sweep with bearish sentiment. It expires in 51 day(s) on June 20, 2025. Parties traded 53 contract(s) at a $115.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.1K, with a price of $550.0 per contract. There were 3480 open contracts at this strike prior to today, and today 126 contract(s) were bought and sold. 
• Regarding PYPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), we observe a call option trade with bearish sentiment. It expires in 16 day(s) on May 16, 2025. Parties traded 300 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $162.9K, with a price of $543.0 per contract. There were 9514 open contracts at this strike prior to today, and today 11 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
11:10 AMFeb 20, 2025	CALL	$280.00	Jan 16, 2026	250	7	493	0	3371	SWEEP	BEARISH
10:20 AMFeb 20, 2025	CALL	$220.00	Feb 21, 2025	-79	12	188	1	838	TRADE	NEUTRAL
02:30 PMFeb 19, 2025	CALL	$285.00	Apr 17, 2025	-24	1100	1000	36	3045	TRADE	BEARISH
11:02 AMFeb 19, 2025	CALL	$240.00	Mar 20, 2026	313	100	100	417	24	TRADE	BULLISH
11:25 AMFeb 13, 2025	CALL	$260.00	Sep 19, 2025	131	550	550	60	910	TRADE	BEARISH
09:53 AMFeb 13, 2025	CALL	$280.00	Jun 20, 2025	40	405	400	28	1471	SWEEP	BEARISH