Financial giants have made a conspicuous bullish move on JD.com. Our analysis of options history for JD.com JD revealed 23 unusual trades.
Delving into the details, we found 73% of traders were bullish, while 26% showed bearish tendencies. Out of all the trades we spotted, 15 were puts, with a value of $1,128,417, and 8 were calls, valued at $1,525,340.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $15.0 to $40.0 for JD.com over the recent three months.
Insights into Volume & Open Interest
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 $15.0 to $40.0, over the past month.
JD.com Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| JD | CALL | TRADE | NEUTRAL | 09/20/24 | $25.00 | $997.5K | 4.7K | 1.9K |
| JD | PUT | SWEEP | BULLISH | 06/21/24 | $35.00 | $221.4K | 13.9K | 1.3K |
| JD | PUT | SWEEP | BULLISH | 06/21/24 | $35.00 | $168.2K | 13.9K | 653 |
| JD | PUT | TRADE | BULLISH | 03/15/24 | $40.00 | $130.0K | 1.0K | 100 |
| JD | CALL | TRADE | BULLISH | 01/16/26 | $30.00 | $127.0K | 738 | 403 |
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.
In light of the recent options history for JD.com, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is JD.com Standing Right Now?
- Trading volume stands at 7,696,285, with JD's price up by 0.23%, positioned at $26.7.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 79 days.
What Analysts Are Saying About JD.com
1 market experts have recently issued ratings for this stock, with a consensus target price of $30.0.
- An analyst from Susquehanna has decided to maintain their Neutral rating on JD.com, which currently sits at a price target of $30.
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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