Financial giants have made a conspicuous bullish move on JD.com. Our analysis of options history for JD.com JD revealed 8 unusual trades.
Delving into the details, we found 62% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $100,250, and 6 were calls, valued at $363,805.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $20.0 to $50.0 for JD.com over the recent three months.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for JD.com options trades today is 4413.86 with a total volume of 3,170.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for JD.com's big money trades within a strike price range of $20.0 to $50.0 over the last 30 days.
JD.com 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| JD | CALL | SWEEP | BULLISH | 02/21/25 | $8.2 | $8.0 | $8.2 | $35.00 | $183.7K | 0 | 276 |
| JD | PUT | TRADE | BEARISH | 01/16/26 | $12.65 | $12.25 | $12.65 | $50.00 | $63.2K | 878 | 50 |
| JD | CALL | SWEEP | BEARISH | 12/20/24 | $1.23 | $1.19 | $1.19 | $50.00 | $56.8K | 10.7K | 1.1K |
| JD | CALL | TRADE | BULLISH | 11/01/24 | $0.57 | $0.54 | $0.59 | $42.50 | $45.8K | 1.8K | 1.2K |
| JD | PUT | TRADE | BEARISH | 01/17/25 | $1.85 | $1.84 | $1.85 | $37.50 | $37.0K | 12.6K | 0 |
About JD.com
JD.com is a leading e-commerce platform with its 2022 China GMV being similar to Pinduoduo (GMV not reported), on our estimate, but still lower than Alibaba. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.
Following our analysis of the options activities associated with JD.com, we pivot to a closer look at the company's own performance.
Present Market Standing of JD.com
- Currently trading with a volume of 5,026,002, the JD's price is up by 4.36%, now at $41.64.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 16 days.
Expert Opinions on JD.com
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $48.75.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * In a cautious move, an analyst from Benchmark downgraded its rating to Buy, setting a price target of $47. * In a positive move, an analyst from Loop Capital has upgraded their rating to Buy and adjusted the price target to $48. * An analyst from Barclays persists with their Overweight rating on JD.com, maintaining a target price of $50. * Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for JD.com, targeting a price of $50.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest JD.com options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
