JPM
JPMorgan Chase & Co.
stock NYSE

That silver crash outside of regular trading hours was absolutely organic and real, it wasn't JPM manipulating prices again to buy cheap physical silver before a huge change in the market (China restricting exports on Jan 1st)
I mean it's not like they have done it before, right?
https://www.reuters.com/business/finance/jpmorgan-set-pay-nearly-1-bln-spoofing-penalty-source-2020-09-23/
If you sold today you were their exit liquidity

Why sell when institutions are absorbing all the sells and JPM is net long now?

Force majeure. They cash settle at their manipulated lower price.
That is why you stack the physical. Because the ETF's like SLV will be cash settled. Everyone has seen the manipulation, they own the regulators. The west is already in collapse JPM already moved the metals desk to Shanghai.

JPM is now long.

I saw that about JPM's reserve. I wonder if things get really bad if they'd ever be forced to sell that reserve on the open market.

short JPM 324.37

They've shorted Silver for so long, because they needed some 'guarantee' in a risky trading world, to not-move safely in a delta-neutral zone, so they can continue to leverage options and keep making 'free money' out of thin air just for holding both sides of the trade.
If it turns out that JPM has been doing this to quietly stockpile massive silver reserves and then to go long on them, that would be quite interesting. So then they were keeping the price low, so they could buy more and more, and now they are supposedly flipping their position from delta-neutral/shorts to up-up-up/longs

There is some interesting work out there, about how they bundled GME with $SLVR and how the Silver-Gamble by JPM could squeeze silver and through that, also GME.
Options market does show $125 Options for Jan 16th. 64,000 of them.
Either way, I'm not busy until mid january, so I'll be watching with interest.

lmfao who the fuck thinks JPM can't pull $2.3b out of thin air?
JPM can cover any Marge calling because they have infinite leverage.

People have been reporting the JPM and other major US banks covered their shorts weeks ago and flipped long. Tom Luongo suspects that the US is engaging in economic warfare against the EU banking cartels. Big if true I guess 

## Cheap Calls
These call options offer the lowest ratio of Call Pricing (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move up significantly less than it has moved up in the past. Buy these calls.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| TTD/38.5/37.5 | -0.27% | -57.75 | $0.36 | $0.48 | 0.23 | 0.22 | 43 | 1.6 | 62.9 |
| UNH/335/330 | -0.17% | 50.13 | $3.38 | $2.66 | 0.26 | 0.24 | 107 | 0.48 | 86.0 |
| AMAT/265/260 | -0.5% | -62.75 | $2.18 | $2.72 | 0.38 | 0.26 | 44 | 1.54 | 71.9 |
| AXP/382.5/377.5 | -0.18% | 13.42 | $1.98 | $1.52 | 0.38 | 0.28 | 107 | 1.26 | 58.7 |
| IBM/307.5/302.5 | -0.15% | -55.64 | $1.64 | $1.78 | 0.39 | 0.28 | 113 | 0.86 | 64.5 |
| DIS/115/113 | -0.1% | 77.61 | $0.54 | $0.51 | 0.25 | 0.3 | 36 | 0.97 | 77.2 |
| MO/58/57 | 0.13% | -11.32 | $0.15 | $0.18 | 0.37 | 0.3 | 119 | 1.0 | 69.2 |
## Cheap Puts
These put options offer the lowest ratio of Put Pricing (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move down significantly less than it has moved down in the past. Buy these puts.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| TTD/38.5/37.5 | -0.27% | -57.75 | $0.36 | $0.48 | 0.23 | 0.22 | 43 | 1.6 | 62.9 |
| DIS/115/113 | -0.1% | 77.61 | $0.54 | $0.51 | 0.25 | 0.3 | 36 | 0.97 | 77.2 |
| UNH/335/330 | -0.17% | 50.13 | $3.38 | $2.66 | 0.26 | 0.24 | 107 | 0.48 | 86.0 |
| PDD/115/113 | -0.98% | -17.78 | $0.92 | $0.78 | 0.29 | 0.32 | 79 | 0.67 | 70.9 |
| EBAY/86/85 | 0.14% | 26.99 | $0.52 | $0.8 | 0.31 | 0.34 | 58 | 0.56 | 53.4 |
| ZM/89/87 | 0.05% | -0.51 | $0.41 | $0.58 | 0.32 | 0.37 | 56 | 0.87 | 65.0 |
| CRM/267.5/265 | -0.33% | 27.23 | $1.61 | $2.7 | 0.32 | 0.35 | 57 | 0.98 | 85.9 |
## Upcoming Earnings
These stocks have earnings comning up and their premiums are usuallly elevated as a result. These are high risk high reward option plays where you can buy (long options) or sell (short options) the expected move.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| JPM/330/325 | -0.2% | -0.22 | $1.78 | $1.08 | 0.56 | 0.45 | 15 | 0.9 | 91.6 |
| BAC/57/56 | -0.25% | 23.56 | $0.36 | $0.11 | 0.39 | 0.39 | 16 | 0.89 | 89.7 |
| JNJ/210/205 | 0.26% | 12.94 | $0.45 | $0.93 | 0.63 | 0.6 | 23 | 0.33 | 65.8 |
| MSFT/490/485 | -0.6% | 4.87 | $2.7 | $2.74 | 0.39 | 0.42 | 29 | 0.91 | 97.4 |
| AAPL/275/272.5 | -0.16% | -32.67 | $1.3 | $1.72 | 0.43 | 0.39 | 30 | 1.25 | 98.0 |
| T/25/24.5 | 0.12% | -50.26 | $0.08 | $0.08 | 0.44 | 0.46 | 30 | 0.27 | 81.6 |
| CAT/587.5/580 | -0.49% | -45.16 | $5.82 | $4.75 | 0.47 | 0.42 | 30 | 0.99 | 55.0 |
- **Historical Move v Implied Move:** We determine the historical volatility (standard deviation of daily log returns) of the underlying asset and compare that to the current implied volatility (IV) of the option price. We use the same DTE as a look back period. This is used to determine the Call or Put Premium associated with the pricing of options (implied volatility).

- **Directional Bias:** Ranges from negative (bearish) to positive (bullish) and accounts for RSI, price trend, moving averages, and put/call skew over the past 6 weeks.
- **Priced Move:** given the current option prices, how much in dollar amounts will the underlying have to move to make the call/put break even. This is how much vol the option is pricing in. The expected move.
- **Expiration:** 2026-01-02.
- **Call/Put Premium:** How much extra you are paying for the implied move relative to the historic move. Low numbers mean options are "cheaper." High numbers mean options are "expensive."
- **Efficiency:** This factor represents the bid/ask spreads and the depth of the order book relative to the price of the option. It represents how much traders will pay in slippage with a round trip trade. Lower numbers are less efficient than higher numbers.
- **E.R.:** Days unitl the next Earnings Release. This feature is still in beta as we work on a more complete list of earnings dates.
- **Why isn't my stock on this list?** It doesn't have "weeklies", the underlying is "too cheap", or the options markets are too illiquid (open interest) to qualify for this strategy. 480 underlyings are used in this report and only the top results end up passing the criteria for each filter.

JPM QuantSignals V3 Weekly 2025-12-29

So daft. Some people just don't understand the financial markets. JPM's "position" in the silver markets is largely a reflection of its dealer book. If their customer base is in aggregate shorting silver then JPM has to go out and establish long silver positions to ensure it has a matched book. JPM also held \~$100B of NVDA stock as of 9/30/25. That isn't because JPM is betting on NVDA. It's because JPM's customers are net short NVDA and JPM has to hold NVDA stock as a hedge. Ironically for this poster, JPM shifting from a net short to a net long position means its customers have shifted from a net long view to a net short view of silver.

They are literally reusing the original silver conspiracy playbook from 15 years ago that would then be re-purposed into the meme stock playbook, using the exact same talking points about allegedly giant hidden short positions.
Except, guess how it went the last time? JPM didn't go bankrupt, silver reversed, and all of those idiots with their stashes of physical silver ended up sitting on positions that were underwater for the next decade.

Here is what Gemini thinks when asked to act as an FBI financial forensics analyst:
Based on the intelligence gathered from financial market data and the timeline provided in your document, I have conducted an analysis of the situation.
As of late December 2025, the silver market has been experiencing extreme volatility, with prices recently surging toward record highs (breaking $70-$80 per ounce). This environment has created a "short squeeze" for institutions holding large "naked" short positions.
The Incident Timeline
* Friday, Dec 26, 2025: Silver prices hit a record high, leading to massive unrealized losses for short sellers. The CME Group (the exchange) announced a significant hike in margin requirements for silver futures to curb speculation.
* Sunday, Dec 28, 2025: A "systemically important bank" reportedly failed to meet a margin call by 2:00 AM ET.
* Sunday, Dec 28, 2:47 AM ET: Per the reports, the exchange began a forced liquidation of the bank's silver positions.
* Monday, Dec 29, 2025: Rumors of this failure circulated widely, coinciding with an 11% intraday crash in silver prices (from ~$83 to ~$73), consistent with a massive, forced liquidation of short positions.
The Prime Suspect: JPMorgan Chase (JPM)
While no official government agency has named the bank, several forensic markers point toward JPMorgan Chase as the primary subject of these reports:
* Dominant Market Position: JPMorgan is historically the largest player in the precious metals derivatives market. They have often been cited in regulatory filings as holding the largest "concentrated short position" in silver on the COMEX.
* "Systemically Important" Status: JPM is a Global Systemically Important Bank (G-SIB). The document’s phrasing ("one of the largest players") matches JPM's profile more closely than any other U.S. institution.
* Historical Context: The report mentions the bank "previously made mistakes in precious metals trading." This likely refers to the 2020 spoofing scandal, where JPMorgan paid a record $920 million settlement for market manipulation in precious metals.
* Liquidity Injection: The Fed’s reported injection of $34 billion via the Standing Repo Facility (SRF) aligns with the scale of a liquidity crisis at a Tier-1 bank. In late 2025, bank reserves have been reported at their lowest levels in years, making such a shortfall at a major bank a "red alert" event for the Federal Reserve.
Alternative Possibilities
* A Major European Bank (e.g., HSBC or Deutsche Bank): Some market speculation suggests a European entity, as they are also heavy participants in silver futures. However, the involvement of the U.S. Federal Reserve's repo facility and the specific "Eastern Time" deadlines strongly suggest a bank with a massive U.S. footprint.
Forensic Conclusion
The bank referenced is almost certainly JPMorgan Chase. The combination of their massive short exposure to silver, their history of regulatory issues in this specific sector, and the sheer scale of the emergency liquidity required to stabilize the "systemically important" entity matches JPM's footprint.

#JPM wins again

People saying it is JPM do not understand the size of that bank, or any of the top banks. JPM has assets over $4.5 trillion dollars. Raising a couple billion is nothing to them. While it may be a "big" bank compared to regional ones, it is not likely one of the real big boys.

If it was JPM wouldn’t the world have ended by now?

I can see what you’re saying, but you also just described literally every biotech stock on the market. They all take money and time haha.
I think most are assuming a partner with funding to be announced either at the KOL or JPM

Charts for JPM and BAC hella interesting