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 12 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 50% leaning bullish and 50% bearish. Among these notable options, 8 are puts, totaling $398,180, and 4 are calls, amounting to $157,164.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $22.5 to $45.0 for JD.com during the past quarter.
Analyzing Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $22.5 to $45.0 in the last 30 days.
JD.com 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| JD | PUT | TRADE | BEARISH | 09/20/24 | $22.50 | $163.8K | 2.7K | 900 |
| JD | CALL | TRADE | BULLISH | 01/19/24 | $25.00 | $67.0K | 4.1K | 5 |
| JD | PUT | TRADE | BULLISH | 01/17/25 | $35.00 | $47.2K | 6.9K | 100 |
| JD | PUT | SWEEP | BULLISH | 01/19/24 | $27.50 | $47.1K | 7.2K | 259 |
| JD | CALL | SWEEP | BEARISH | 09/20/24 | $45.00 | $36.2K | 3.4K | 8 |
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
- With a volume of 7,703,983, the price of JD is down -1.57% at $27.64.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 111 days.
Expert Opinions on JD.com
A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $51.0.
- An analyst from UBS has elevated its stance to Buy, setting a new price target at $39.
- An analyst from Barclays persists with their Overweight rating on JD.com, maintaining a target price of $45.
- An analyst from Goldman Sachs has decided to maintain their Buy rating on JD.com, which currently sits at a price target of $53.
- An analyst from Benchmark downgraded its action to Buy with a price target of $67.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for JD.com with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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