Asia Pacific Single Stock Weekly Volatility Chartbook Trade ideas on WES AT, 1171 HK, WBC AT, 2269 HK, 2331 HK, 3968 HK, 005930 KS, NAB AT, 3690 HK, 688 HK, 2382 HK, 6594 JT, 6981 JT, 4063 JT, 7203 JT, 7974 JT, 8035 JT, 8766 JT

Research evidence excerpt

Asia Pacific Single Stock Weekly Volatility Chartbook Trade ideas on WES AT, 1171 HK, WBC AT, 2269 HK, 2331 HK, 3968 HK, 005930 KS, NAB AT, 3690 HK, 688 HK, 2382 HK, 6594 JT, 6981 JT, 4063 JT, 7203 JT, 7974 JT, 8035 JT, 8766 JT

Haoshun Liu AC Global Markets Strategy

(852) 2800-7736 20 May 2026 J P M O R G A N

haoshun.liu@jpmorgan.com

Call Buying and Overwriting Screen

Data as of May 19,2026 Source: J.P. Morgan, Bloomberg Finance L.P.

We present option screens for call buying and overwriting opportunities for Asia Pacific stocks The call overwriting signal will be triggered if: Sell/buy signals: Volatility rich/cheap signals:

with liquid options market. We use 5 technical and fundamental indicators with equal - sell signals > buy signals 1. 1M beta adjusted relative performance 1. 3M ATM implied volatility 2Y %tile

weighting to time the decision of buying or selling the stock and 2 quantitative measures with - vol rich signals > vol cheap signals 2. 63D price Z-score 2. 3M implied to realized spread 2Y %tile

equal weighting to gauge the richness/cheapness of implied volatility. Please see appendix for The call buying signal will be triggered if: 3. 14D RSI

BuyBuy // BullishBullish SignalsSignals

the detailed methodology. Options pricing are indicative only. - buy signals > sell signals 4. BEst EPS 4W % Chg

- vol cheap signals > vol rich signals 5. JPM/BEst price upside Sell/Sell/ BearishBearish SignalsSignals

Attractive 3M 105% Call Overwriting Candidates

Trade 1M Price % 3M Price % YTD Price % Index 1M Beta Adj Rel 63D Price BEst EPS 4W % Price 3M ATM IV 2Y 3M IV-RV 2Y 3M 105 Call (Bid) 3M 105 IV Dividend Ex-

Ticker Name Action Change Change Change JPM Rating Benchmark Perf % Z-score 14D RSI %Chg Upside %tile %tile %Prem (Bid) Date Earnings Date

Asia Ex-Japan