fatido/iStock Unreleased via Getty Images Co-authored by Relative Value. Overview Those of you who follow our investment idea articles may have noticed that pair trades among similar products of the same issuer are among our favorite positions to take. With virtually no credit risk, such exposures are best suited for risk-averse traders/investors, especially in times of increased probability of hi...
fatido/iStock Unreleased via Getty Images Co-authored by Relative Value. Overview Those of you who follow our investment idea articles may have noticed that pair trades among similar products of the same issuer are among our favorite positions to take. With virtually no credit risk, such exposures are best suited for risk-averse traders/investors, especially in times of increased probability of high volatility. The big issuers of listed fixed income, such as JPMorgan Chase & Co. ( JPM ), have relatively liquid products that present us from time to time with nice pair trade opportunities, which we can try to profit from. In this short article, we'll present to your attention such an idea between JPMorgan Chase & Co. 4.55 DEP PFD JJ ( JPM.PR.K ) and JPMorgan Chase & Co. 5.75% SHS PFD DD ( JPM.PR.D ). JPMorgan Chase & Co. JPMorgan Chase & Co. is headquartered in New York and can trace its history back to 1799. Being the largest bank in the world by market capitalization, JPMorgan is among the most recognizable names in the investor world, providing a wide range of financial products and services to its clients worldwide. JPMorgan Chase & Co. is the largest bank in America, and as such, it is of great importance for the US financial system. Failing will lead to catastrophic consequences for the financial system, so JPMorgan stands at the top of the so-called "too big to fail" list. This is how the market participants have evaluated the common stock of the bank JPM for the past ten years: JPM daily price chart (TradingView) If we compare the total return performance of JPMorgan Chase to that of the general market, represented by the S&P 500, and the average for the US banking sector, represented by State Street SPDR S&P Bank ETF ( KBE ), for the same period, we get the following chart: JPM comparison to SP500 and KBE ( Seeking Аlpha ) The total return of JPM surpasses that of the S&P 500 by a lot, and even more so, the average US bank. Comparing JPM's performance to that...
Muncy Columbia Financial ( CCFN ), parent of Journey Bank, said on Thursday that its board has declared a 3-for-1 stock split of its outstanding common shares, effective April 23, 2026. The board approved a stock split in the form of a 200% stock dividend on outstanding common shares. Shareholders of record as of May 7, 2026, will receive two additional shares for each share held, payable after th...
Muncy Columbia Financial ( CCFN ), parent of Journey Bank, said on Thursday that its board has declared a 3-for-1 stock split of its outstanding common shares, effective April 23, 2026. The board approved a stock split in the form of a 200% stock dividend on outstanding common shares. Shareholders of record as of May 7, 2026, will receive two additional shares for each share held, payable after the close of business on May 14, 2026. Following the distribution, total shares outstanding are expected to be 10.61M on a split-adjusted basis, net of treasury shares. Shares +7.66%. More on Muncy Columbia Financial Dividend scorecard for Muncy Columbia Financial Financial information for Muncy Columbia Financial
Investors in Devon Energy Corp. (Symbol: DVN) saw new options become available today, for the June 5th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DVN options chain for the new June 5th contracts and identified one put and one call c
Investors in Devon Energy Corp. (Symbol: DVN) saw new options become available today, for the June 5th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DVN options chain for the new June 5th contracts and identified one put and one call c
Investors in Albemarle Corp. (Symbol: ALB) saw new options become available today, for the June 5th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the ALB options chain for the new June 5th contracts and identified one put and one call cont
Investors in Albemarle Corp. (Symbol: ALB) saw new options become available today, for the June 5th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the ALB options chain for the new June 5th contracts and identified one put and one call cont
Have you ever heard the phrase “picking up pennies in front of a steamroller”? It’s a classic way to describe investment strategies that generate small, steady gains most of the time, but carry the risk of a large, sudden loss. In finance, this often shows up in what’s called selling tail risk. You’re essentially acting ... This risky monthly income ETF yields over 20%, but beware of volatility su...
Have you ever heard the phrase “picking up pennies in front of a steamroller”? It’s a classic way to describe investment strategies that generate small, steady gains most of the time, but carry the risk of a large, sudden loss. In finance, this often shows up in what’s called selling tail risk. You’re essentially acting ... This risky monthly income ETF yields over 20%, but beware of volatility surges
Investors in Capital One Financial Corp (Symbol: COF) saw new options begin trading today, for the June 5th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the COF options chain for the new June 5th contracts and identified one put and one c
Investors in Capital One Financial Corp (Symbol: COF) saw new options begin trading today, for the June 5th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the COF options chain for the new June 5th contracts and identified one put and one c
Investors in Kinross Gold Corp. (Symbol: KGC) saw new options become available today, for the June 5th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the KGC options chain for the new June 5th contracts and identified one put and one call c
Investors in Kinross Gold Corp. (Symbol: KGC) saw new options become available today, for the June 5th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the KGC options chain for the new June 5th contracts and identified one put and one call c
Not all bonds are built for safety. If you’re willing to take on more credit risk, you can earn a much higher yield. That becomes especially true once you move below the investment-grade tier. Bonds rated BBB or higher are considered investment grade. Anything below that falls into what’s known as high-yield, non-investment grade, or ... This risky junk bond ETF pays a 11% yield with monthly incom...
Not all bonds are built for safety. If you’re willing to take on more credit risk, you can earn a much higher yield. That becomes especially true once you move below the investment-grade tier. Bonds rated BBB or higher are considered investment grade. Anything below that falls into what’s known as high-yield, non-investment grade, or ... This risky junk bond ETF pays a 11% yield with monthly income
Investors in Select Sector SPDR Trust - State Street Consumer Discretionary Select Sector SPDR ETF (Symbol: XLY) saw new options begin trading today, for the June 5th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the XLY options chain for
Investors in Select Sector SPDR Trust - State Street Consumer Discretionary Select Sector SPDR ETF (Symbol: XLY) saw new options begin trading today, for the June 5th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the XLY options chain for
straga/iStock via Getty Images Stocks for the week ended April 17 were 2,063 Bcf vs. 1,960 Bcf (revised from 1,970 Bcf) for the week ended April 10. Net change: +103 Bcf . As a result of the revision, the implied net change between the weeks ending April 03 and April 10 changed from 59 Bcf to 60 Bcf. Consensus: +96B Natural Gas Futures ( NG1:COM ) -2.8% to $ 2.64 /MMBtu. ETFs: ( UNG ), ( BOIL ), (...
straga/iStock via Getty Images Stocks for the week ended April 17 were 2,063 Bcf vs. 1,960 Bcf (revised from 1,970 Bcf) for the week ended April 10. Net change: +103 Bcf . As a result of the revision, the implied net change between the weeks ending April 03 and April 10 changed from 59 Bcf to 60 Bcf. Consensus: +96B Natural Gas Futures ( NG1:COM ) -2.8% to $ 2.64 /MMBtu. ETFs: ( UNG ), ( BOIL ), ( KOLD ), ( FCG ), ( UNL ), ( HNU:CA ) Click here to read the full EIA Weekly Natural Gas Storage Report. More on Natural Gas Futures Commodities: Oil Moves Higher As Peace Talks Look Shaky Natgas Under Pressure From Oversupply And Globalization Commodities: Markets Whipsaw Amid Re-Escalation In Persian Gulf U.S. renews waiver on Russian oil sanctions Tanker comes under fire as Iran closes Strait of Hormuz again
American Express Co. plans to boost spending on marketing and technology and said its customers’ spending on air travel has been slowing. Romaine Bostick discusses his interview with American Express CEO Stephen Squeri on "Bloomberg Open Interest." (Source: Bloomberg)
American Express Co. plans to boost spending on marketing and technology and said its customers’ spending on air travel has been slowing. Romaine Bostick discusses his interview with American Express CEO Stephen Squeri on "Bloomberg Open Interest." (Source: Bloomberg)