Financial giants have made a conspicuous bullish move on JD.com. Our analysis of options history for JD.com JD revealed 18 unusual trades.
Delving into the details, we found 55% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $67,211, and 16 were calls, valued at $752,615.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $15.0 to $31.0 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 $31.0, 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 | SWEEP | BULLISH | 03/15/24 | $22.50 | $110.6K | 23.5K | 173 |
| JD | CALL | TRADE | BULLISH | 01/17/25 | $27.50 | $96.0K | 4.1K | 905 |
| JD | CALL | TRADE | BEARISH | 03/01/24 | $24.00 | $85.0K | 3.1K | 1.4K |
| JD | CALL | SWEEP | BULLISH | 01/17/25 | $27.50 | $63.0K | 4.1K | 600 |
| JD | CALL | SWEEP | BULLISH | 01/17/25 | $27.50 | $63.0K | 4.1K | 0 |
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.
Having examined the options trading patterns of JD.com, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
JD.com's Current Market Status
- Currently trading with a volume of 10,052,475, the JD's price is down by -4.94%, now at $22.92.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 29 days.
What The Experts Say On JD.com
In the last month, 3 experts released ratings on this stock with an average target price of $37.333333333333336.
- An analyst from Mizuho persists with their Buy rating on JD.com, maintaining a target price of $35.
- An analyst from Citigroup has decided to maintain their Buy rating on JD.com, which currently sits at a price target of $42.
- Maintaining their stance, an analyst from Barclays continues to hold a Overweight 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.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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