A whale with a lot of money to spend has taken a noticeably bearish stance on JD.com.
Looking at options history for JD.com JD we detected 32 strange trades.
If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 62% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $214,101 and 26, calls, for a total amount of $1,289,798.
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 $20.0 to $55.0 for JD.com over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for JD.com's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of JD.com's whale activity within a strike price range from $20.0 to $55.0 in the last 30 days.
JD.com Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| JD | CALL | SWEEP | BEARISH | 06/02/23 | $30.00 | $162.4K | 835 | 803 |
| JD | CALL | TRADE | NEUTRAL | 06/21/24 | $32.50 | $106.5K | 675 | 148 |
| JD | CALL | SWEEP | BEARISH | 01/19/24 | $55.00 | $96.2K | 8.4K | 1.2K |
| JD | CALL | TRADE | BULLISH | 01/19/24 | $25.00 | $94.1K | 697 | 293 |
| JD | CALL | TRADE | BULLISH | 06/21/24 | $32.50 | $66.7K | 675 | 240 |
Where Is JD.com Standing Right Now?
- With a volume of 14,932,483, the price of JD is down -3.02% at $32.1.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 84 days.
What The Experts Say On JD.com:
- Mizuho has decided to maintain their Buy rating on JD.com, which currently sits at a price target of $70.
- Loop Capital has decided to maintain their Hold rating on JD.com, which currently sits at a price target of $40.
- Susquehanna has decided to maintain their Neutral rating on JD.com, which currently sits at a price target of $40.
- Benchmark has decided to maintain their Buy rating on JD.com, which currently sits at a price target of $72.
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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