JPMorgan Chase & Co. (JPM) Options Chain
The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.
JPMorgan Chase & Co. (JPM) operates in the Financial Services sector, specifically the Banks - Diversified industry, with a market capitalization near $929.55B, listed on NYSE, employing roughly 318,512 people, carrying a beta of 0.98 to the broader market. JPMorgan Chase & Co. Led by James Dimon, public since 1980-03-17.
Snapshot as of Jul 15, 2026.
- Spot Price
- $347.33
- Total OI
- 742.3K
- Total Volume
- 77.7K
- Front Expiration
- 30 days
- Second Expiration
- 37 days
- ATM IV
- 21.9%
- Avg Bid/Ask Spread
- 13.89%
As of Jul 15, 2026, JPMorgan Chase & Co. (JPM) has 742.3K open contracts and 77.7K contracts traded. The nearest expiration is 30 days out, followed by 37 days. ATM implied volatility is 21.9%. Average bid/ask spread across the chain is 13.89%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.
How JPM options chain Data Feeds Strategy Selection
Strategy selection on JPMorgan Chase & Co. options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 21.9% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
How to read the JPM chain depth
The listed-expirations table above shows every expiration available for JPMorgan Chase & Co. options with its days-to-expiration count and ATM implied volatility. Front-month expirations carry the most volume, the highest gamma, and the tightest bid-ask spreads; longer-dated tenors carry less liquidity but more vega exposure. JPM front expiration sits at 30 days - the typical hedging horizon for monthly options. The backwardated slope of -0.001 means near-dated IV is pricing acute event risk.
JPM chain mechanics and execution
Options are listed at standardized strike intervals (typically $1 for sub-$25 underlyings, $2.50-$5 for mid-cap, $10-$50 for large-cap), and the deltas of each listed strike are determined by where IV lies relative to the strike's moneyness. Average bid/ask spread on the JPM chain is 13.89% - a measure of liquidity. Tighter spreads on liquid strikes mean lower transaction costs; wider spreads on long-dated or far-OTM strikes mean execution drag can dominate the math. The chain table on the SPA side shows the full per-strike, per-expiration grid; this SSR page summarizes the listed expirations and the front-month context to anchor the structural read.
Using the JPM chain to build structures
Strategy selection starts with the chain: directional theses use single-leg calls or puts, range-bound theses use credit spreads or iron condors, vol theses use straddles or strangles, calendar theses use diagonal spreads. JPM's current 6.28% expected move anchors wing placement - structures with wings at the implied band collect the modal-outcome premium under lognormal assumptions. Cross-reference with the gamma-exposure profile to understand where dealer hedging will reinforce or fight your position, and with the volatility-skew chart to confirm the strikes you're trading sit at the IV levels your strategy assumes.
Learn how the options chain is reported and how to read the data →
JPM listed expirations
Per-expiration ATM implied volatility for JPM options. Each row is one listed expiration with its days-to-expiration count and ATM IV pulled from the same term-structure feed that powers the SPA's expiration filter. Front-month expirations carry the highest gamma, the tightest bid-ask spreads, and the most volume; longer-dated tenors carry less liquidity but more vega.
| Expiration | DTE | ATM IV |
|---|---|---|
| Jul 17, 2026 | 2 | 25.5% |
| Jul 24, 2026 | 9 | 21.9% |
| Jul 31, 2026 | 16 | 21.7% |
| Aug 7, 2026 | 23 | 21.9% |
| Aug 14, 2026 | 30 | 21.9% |
| Aug 21, 2026 | 37 | 21.8% |
| Aug 28, 2026 | 44 | 22.7% |
| Sep 18, 2026 | 65 | 22.4% |
| Oct 16, 2026 | 93 | 24.1% |
| Nov 20, 2026 | 128 | 24.2% |
| Dec 18, 2026 | 156 | 24.5% |
| Jan 15, 2027 | 184 | 25.0% |
| Mar 19, 2027 | 247 | 25.3% |
| Jun 17, 2027 | 337 | 25.8% |
| Dec 17, 2027 | 520 | 26.5% |
| Jan 21, 2028 | 555 | 26.6% |
| Dec 15, 2028 | 884 | 27.0% |
JPM most-active contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $345.00 | Jul 17, 2026 | 1.6K | 6.6K | 26.1% | $3.90 | $4.50 |
| CALL | $340.00 | Jul 17, 2026 | 1.4K | 10.7K | 27.3% | $7.65 | $8.40 |
| CALL | $350.00 | Jul 17, 2026 | 5.4K | 5.5K | 25.3% | $1.41 | $1.67 |
| PUT | $345.00 | Jul 17, 2026 | 1.3K | 144 | 26.1% | $1.40 | $1.74 |
Top 4 contracts from the institutional-grade nightly options scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.
Frequently asked JPM options chain questions
- What does the JPM options chain show right now?
- As of Jul 15, 2026, JPMorgan Chase & Co. (JPM) has 742.3K contracts outstanding and 77.7K traded today, with ATM IV of 21.9%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for JPM options?
- The nearest expiration is 30 days out, followed by 37 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are JPM options bid/ask spreads?
- Average bid/ask spread across the chain is 13.89%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.