Investors with a lot of money to spend have taken a bullish stance on JD.com JD.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with JD, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 10 uncommon options trades for JD.com.
This isn't normal.
The overall sentiment of these big-money traders is split between 60% bullish and 40%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $92,859, and 7 are calls, for a total amount of $363,724.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $25.0 to $60.0 for JD.com over the recent three months.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for JD.com's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across JD.com's significant trades, within a strike price range of $25.0 to $60.0, over the past month.
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 | CALL | SWEEP | BULLISH | 01/19/24 | $25.00 | $155.0K | 4.1K | 529 |
JD | CALL | SWEEP | BULLISH | 01/19/24 | $28.76 | $63.0K | 8.6K | 674 |
JD | CALL | SWEEP | BEARISH | 01/19/24 | $28.76 | $34.2K | 8.6K | 1.0K |
JD | CALL | SWEEP | BEARISH | 01/19/24 | $30.00 | $32.9K | 9.8K | 1.7K |
JD | PUT | TRADE | BULLISH | 06/21/24 | $27.50 | $32.8K | 13.6K | 320 |
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.
Having examined the options trading patterns of JD.com, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
JD.com's Current Market Status
- Currently trading with a volume of 9,037,600, the JD's price is down by -2.59%, now at $27.43.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 99 days.
What The Experts Say On JD.com
4 market experts have recently issued ratings for this stock, with a consensus target price of $45.25.
- Consistent in their evaluation, an analyst from Susquehanna keeps a Neutral rating on JD.com with a target price of $30.
- Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on JD.com with a target price of $45.
- An analyst from UBS has elevated its stance to Buy, setting a new price target at $39.
- Reflecting concerns, an analyst from Benchmark lowers its rating to Buy with a new price target of $67.
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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