/biz/ - Business & Finance

>>57378450
Here's the one from Jan 2023.

bABY'S fIRST bANK rUN eDITION

>Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain
https://www.youtube.com/watch?v=qJpo4YHyad0 [Embed]

>Financial TV Streams:
https://watchnewslive.tv/watch-cnbc-live-stream-free-24-7/
http://www.livenewson.com/american/bloomberg-television-business.html
https://watchnewslive.tv/watch-fox-business-network-fbn-free-24-7/

>Charts:
https://www.tradingview.com
https://www.finscreener.com
https://www.koyfin.com/
https://www.portfoliovisualizer.com

>Screeners:
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Options
https://www.optionsplaybook.com/options-introduction/
https://www.optionsprofitcalculator.com
https://optionstrat.com/
https://www.optionistics.com/quotes/option-prices

>Pre-Market and Live data:
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/

>Calendars
https://www.marketwatch.com/economy-politics/calendar
https://www.earningswhispers.com/calendar
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

>Boomer Investing 101:
https://www.bogleheads.org/wiki/Getting_started

>Misc:
https://tradingeconomics.com/
https://finance.yahoo.com/trending-tickers
https://market24hclock.com/
https://wallmine.com/
https://fintel.io/
https://www.dividendchannel.com/drip-returns-calculator
https://brokerchooser.com/
https://www.chathamfinancial.com/technology/us-market-rates

Previous >>54021833

>>53118805
in case anyone missed it, i broke down this options trade structure / JPM hedge here:

this is a big hedge that JP Morgan just put on for its clients in JHQAX - JPMorgan Hedged Equity Fund Class A.

JPM stands to lose a theoretical infinite amount of money if SP500 goes above 4030 and keeps going by 3/31, but this will be offset by their equity gains (stocks they hold in the fund will make money), so they might not actually lose any money on the upside

JPM breaks even @ SP500 - ~3588 or a -6% pullback by 3/31

JPM hits max payout of +4900% gains if SPY goes below 3040 by 3/31

JPM loses -100% of their money in the trade if the SP500 crabs between 3600 - 4030 by 3/31

conclusion: JPM traders of this fund are seeing less than 6% upside, and as much as -20% downside in the SP500 by 3/31, and they only make money on this hedge if SP500 declines by more than -6% by 3/31, or else they lose all their money in this hedge

situation: BEARISH

>>53119506
>>53119521
ok i re-did the trade structure including the 4030 calls they sold. these are using the closest strike prices I could get using SPY. JPM is using actual Index Options, so its a little different but should be within 5% or less of their actual payouts

-20% is a pretty big hedge. the calls they sold are only @ 4030... that represents only a +6% upside for the SP500 which is at 3800 currently. this means the JPM traders are seeing LESS than +6% upside for the SP500, and their hedge starts to make money below 3600, and REALLY starts to make money the further below 3600 the SP500 drops, with a max payout if SP500 is under 3040 by 3/31

JPM stands to lose a theoretical infinite amount of money if SP500 goes above 4030 and keeps going by 3/31

JPM breaks even @ SP500 - ~3588 or a -6% pullback by 3/31

JPM hits max payout of +7000% gains if SPY goes below 3040 by 3/31

JPM loses -100% of their money in the trade if the SP500 crabs between 3600 - 4030 by 3/31

conclusion: JPM traders of this fund are seeing less than 6% upside, and as much as -20% downside in the SP500 by 3/31, and they only make money if SP500 drops more than 6% by 3/31, or else they lose all their money in this hedge