Financial giants have made a conspicuous bullish move on JD.com. Our analysis of options history for JD.com JD revealed 10 unusual trades.
Delving into the details, we found 70% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $114,136, and 8 were calls, valued at $310,702.
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 $23.5 to $35.0 for JD.com during the past quarter.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for JD.com options trades today is 3337.38 with a total volume of 6,065.00.
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 $23.5 to $35.0 over the last 30 days.
JD.com Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| JD | PUT | TRADE | BULLISH | 01/17/25 | $35.00 | $65.0K | 6.7K | 50 |
| JD | CALL | SWEEP | BULLISH | 01/17/25 | $30.00 | $50.0K | 6.6K | 226 |
| JD | PUT | SWEEP | BEARISH | 04/19/24 | $24.00 | $49.1K | 5 | 174 |
| JD | CALL | SWEEP | BULLISH | 04/19/24 | $30.00 | $46.9K | 5.1K | 1.0K |
| JD | CALL | SWEEP | BEARISH | 06/20/25 | $27.50 | $46.0K | 832 | 125 |
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 5,084,719, the price of JD is up by 0.76%, reaching $22.55.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 24 days from now.
What Analysts Are Saying About JD.com
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $37.333333333333336.
- An analyst from Citigroup persists with their Buy rating on JD.com, maintaining a target price of $42.
- An analyst from Mizuho has decided to maintain their Buy rating on JD.com, which currently sits at a price target of $35.
- Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for JD.com, targeting a price of $35.
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.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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