BUY JPM · Shelley M Capito

A high grade is not an allegation. Every input is public, and buying into an industry you work on daily is ordinary expertise. What the trade actually returned is deliberately excluded from this score and shown separately below.

It is also not a forecast. Measured across every settled trade, A-graded ones did not beat E-graded ones to any significant degree — the method page prints the table. This score says a trade looks like a decision rather than administration, and nothing more.

The filing it came from

5th member to buy this in 60 days Also bought by Thomas R Carper, Josh Gottheimer, Alan S. Lowenthal, Donna Shalala in the 60 days before this filing became public. Three or more members clustering on one name has gone with +12.61% twelve-month alpha against +4.78% for a lone buyer — context, not a recommendation.

filed in 57 days Past the 45 days the STOCK Act allows, so the trade was months old before it was public.

Not in the strategy. Either this purchase falls outside the member's committee jurisdiction, or the security has no usable price history to trade against.

This filing disclosed 4 transactions in total, of which 4 share this trade date (03 Mar 2020).

Filed 29 Apr 2020 · source PDF

Same day: MSFTJNJABT

Price

52-week range $280.14 – $362.65. The marker is the entry: the first market open after this filing became public.

JPMorgan Chase & Co.

JPMorgan Chase & Co. operates as a bank and financial holding company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean. It operates in three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. The company offers deposit, investment and lending products, and cash management; mortgage origina…

https://www.jpmorganchase.com

Outside this member's committee jurisdiction (defense, energy, healthcare, industrials, materials, technology, telecom, transport, utilities).

Expressing this with options

An illustration, not a recommendation: the nearest listed expiry to a twelve-month horizon, struck near the money. Chains are live — Yahoo publishes no historical chains, so this is priced today, not when the filing was made, and the move it describes may already have happened.

Outcome

Measured from the first open after disclosure — the earliest anyone reading this could have acted. The highlighted now row sits at its true place in the sequence, so where it falls tells you how long the position has run. Every window has closed, so this trade is fully settled.