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JPMorgan Collar Levels

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This indicator visualizes the current JPMorgan Hedging Collar strategy commonly used by institutional funds like JHEQX. It plots three key levels:

– Short Call strike (upper bound)
– Long Put strike (protection level)
– Short Put strike (cost reduction)

The area between the long put and short call is shaded to represent the active hedging zone. This setup is updated quarterly and can influence SPX market behavior near expiration dates.

Inputs are customizable to reflect the latest collar configuration. Useful for traders tracking institutional hedging flows or analyzing market structure near key option expirations.

Penafian

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