JPMorgan Chase(JPM - Get Report) JPMorgan Chase & Co. is a leading global financial services firm and is headquartered in New York city.
Dividend Amount: 30 cents
Ex-Dividend Date: July 03, 2012
Beta: 1.32 Strategy: Buy JPMorgan stock and offer to sell the July $26.00 strike or lower call for 39 cents over the intrinsic value. I will attempt to close out the trade with a gain of near 12 cents, plus dividend. The most I can make is 69 cents, if I hold the covered call through option expiration day and the stock gets called away. DISCLOSURE: At the time of publication, Weinstein held no positions in stocks mentioned. This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.