Whales with a lot of money to spend have taken a noticeably bearish stance on JD.com.
Looking at options history for JD.com JD we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 55% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $247,114 and 5, calls, for a total amount of $260,946.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $15.0 to $28.76 for JD.com over the recent three months.
Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in JD.com's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to JD.com's substantial trades, within a strike price spectrum from $15.0 to $28.76 over the preceding 30 days.
JD.com Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| JD | CALL | SWEEP | BEARISH | 01/19/24 | $25.00 | $87.7K | 10.4K | 186 |
| JD | PUT | SWEEP | BULLISH | 01/19/24 | $27.00 | $85.0K | 1.1K | 11 |
| JD | PUT | SWEEP | BULLISH | 03/15/24 | $27.50 | $69.7K | 12.1K | 939 |
| JD | CALL | TRADE | BEARISH | 01/17/25 | $15.00 | $53.4K | 80 | 0 |
| JD | PUT | SWEEP | BEARISH | 01/19/24 | $28.76 | $48.7K | 14.0K | 250 |
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
- Currently trading with a volume of 5,332,256, the JD's price is down by -0.33%, now at $27.52.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 71 days.
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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