Financial giants have made a conspicuous bullish move on JD.com. Our analysis of options history for JD.com JD revealed 16 unusual trades.
Delving into the details, we found 68% of traders were bullish, while 31% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $192,800, and 14 were calls, valued at $572,065.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $22.0 to $45.0 for JD.com during the past quarter.
Volume & Open Interest Trends
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 $22.0 to $45.0 over the preceding 30 days.
JD.com Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| JD | PUT | SWEEP | BULLISH | 01/16/26 | $30.00 | $132.3K | 885 | 190 |
| JD | CALL | SWEEP | BULLISH | 09/20/24 | $26.00 | $81.0K | 393 | 372 |
| JD | PUT | TRADE | NEUTRAL | 03/28/24 | $30.00 | $60.5K | 21 | 100 |
| JD | CALL | SWEEP | BEARISH | 04/19/24 | $22.00 | $58.0K | 6.8K | 255 |
| JD | CALL | SWEEP | BULLISH | 04/19/24 | $22.00 | $57.6K | 6.8K | 454 |
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.
JD.com's Current Market Status
- With a trading volume of 15,728,899, the price of JD is down by -0.63%, reaching $23.84.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 62 days from now.
Expert Opinions on JD.com
5 market experts have recently issued ratings for this stock, with a consensus target price of $38.8.
- Maintaining their stance, an analyst from Mizuho continues to hold a Buy rating for JD.com, targeting a price of $33.
- An analyst from HSBC persists with their Buy rating on JD.com, maintaining a target price of $39.
- Maintaining their stance, an analyst from JP Morgan continues to hold a Neutral rating for JD.com, targeting a price of $28.
- Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on JD.com with a target price of $39.
- Consistent in their evaluation, an analyst from Benchmark keeps a Buy rating on JD.com with a target price of $55.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
