Deep-pocketed investors have adopted a bullish approach towards JD.com JD, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in JD usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for JD.com. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 60% leaning bullish and 30% bearish. Among these notable options, 3 are puts, totaling $176,692, and 7 are calls, amounting to $369,159.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $30.0 to $60.0 for JD.com over the last 3 months.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for JD.com options trades today is 13666.78 with a total volume of 5,844.00.
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 $30.0 to $60.0 over the last 30 days.
JD.com Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| JD | CALL | SWEEP | BULLISH | 01/16/26 | $2.26 | $1.95 | $2.25 | $60.00 | $111.2K | 4.2K | 0 |
| JD | PUT | SWEEP | BULLISH | 01/17/25 | $0.86 | $0.81 | $0.81 | $35.00 | $95.2K | 19.5K | 1.7K |
| JD | CALL | SWEEP | BULLISH | 02/21/25 | $4.6 | $4.55 | $4.6 | $33.00 | $91.5K | 319 | 200 |
| JD | PUT | SWEEP | BULLISH | 01/17/25 | $0.88 | $0.83 | $0.83 | $35.00 | $49.8K | 19.5K | 600 |
| JD | CALL | SWEEP | BEARISH | 01/17/25 | $0.6 | $0.54 | $0.54 | $40.00 | $49.6K | 61.9K | 1.9K |
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.
After a thorough review of the options trading surrounding JD.com, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of JD.com
- Trading volume stands at 1,841,224, with JD's price down by -0.71%, positioned at $36.2.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 69 days.
What The Experts Say On JD.com
In the last month, 1 experts released ratings on this stock with an average target price of $46.0.
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. * An analyst from Bernstein has elevated its stance to Outperform, setting a new price target at $46.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for JD.com, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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