Investors with a lot of money to spend have taken a bearish 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 17 uncommon options trades for JD.com.
This isn't normal.
The overall sentiment of these big-money traders is split between 47% bullish and 52%, bearish.
Out of all of the special options we uncovered, 9 are puts, for a total amount of $963,888, and 8 are calls, for a total amount of $550,412.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $20.0 to $50.0 for JD.com over the last 3 months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for JD.com options trades today is 11141.1 with a total volume of 8,084.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for JD.com's big money trades within a strike price range of $20.0 to $50.0 over the last 30 days.
JD.com Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| JD | PUT | TRADE | NEUTRAL | 06/21/24 | $50.00 | $263.6K | 1.1K | 200 |
| JD | PUT | TRADE | BULLISH | 06/21/24 | $50.00 | $263.3K | 1.1K | 100 |
| JD | CALL | SWEEP | BEARISH | 03/15/24 | $21.00 | $122.5K | 3.5K | 352 |
| JD | PUT | SWEEP | BULLISH | 01/17/25 | $32.50 | $103.0K | 3.2K | 200 |
| JD | PUT | TRADE | BULLISH | 01/17/25 | $32.50 | $102.4K | 3.2K | 100 |
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.
Following our analysis of the options activities associated with JD.com, we pivot to a closer look at the company's own performance.
Current Position of JD.com
- Trading volume stands at 2,949,613, with JD's price down by -1.55%, positioned at $23.56.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 41 days.
Expert Opinions on JD.com
2 market experts have recently issued ratings for this stock, with a consensus target price of $38.5.
- An analyst from Mizuho persists with their Buy rating on JD.com, maintaining a target price of $35.
- Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for JD.com, targeting a price of $42.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
