Financial giants have made a conspicuous bullish move on JD.com. Our analysis of options history for JD.com JD revealed 9 unusual trades.
Delving into the details, we found 66% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $165,550, and 4 were calls, valued at $137,402.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $20.0 to $25.0 for JD.com over the recent three months.
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 $20.0 to $25.0 in the last 30 days.
JD.com Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| JD | CALL | SWEEP | BEARISH | 01/17/25 | $25.00 | $47.7K | 1.6K | 403 |
| JD | PUT | SWEEP | BULLISH | 01/17/25 | $20.00 | $44.8K | 1.2K | 178 |
| JD | PUT | SWEEP | BULLISH | 03/15/24 | $25.00 | $34.6K | 25.0K | 211 |
| JD | CALL | TRADE | BEARISH | 01/17/25 | $22.50 | $31.8K | 326 | 184 |
| JD | CALL | SWEEP | BULLISH | 02/16/24 | $22.50 | $31.8K | 4.9K | 684 |
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 6,243,820, the JD's price is down by -0.36%, now at $22.34.
- RSI readings suggest the stock is currently may be oversold.
- Anticipated earnings release is in 49 days.
What The Experts Say On JD.com
In the last month, 1 experts released ratings on this stock with an average target price of $35.0.
- Maintaining their stance, an analyst from Mizuho continues to hold a Buy rating for JD.com, targeting a price of $35.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest JD.com options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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