Deep-pocketed investors have adopted a bearish approach towards JD.com JD, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in JD usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 18 extraordinary options activities for JD.com. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 44% leaning bullish and 55% bearish. Among these notable options, 6 are puts, totaling $529,586, and 12 are calls, amounting to $696,348.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $12.5 to $50.0 for JD.com over the last 3 months.
Volume & Open Interest Development
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 $12.5 to $50.0 in the last 30 days.
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 | PUT | TRADE | BULLISH | 06/21/24 | $22.50 | $229.0K | 15.5K | 1.1K |
| JD | CALL | SWEEP | BULLISH | 12/19/25 | $40.00 | $177.0K | 2.7K | 0 |
| JD | CALL | SWEEP | BEARISH | 12/19/25 | $50.00 | $147.8K | 1.5K | 799 |
| JD | PUT | SWEEP | BEARISH | 06/21/24 | $45.00 | $107.7K | 607 | 50 |
| JD | PUT | SWEEP | BEARISH | 01/17/25 | $30.00 | $83.4K | 6.7K | 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.
Present Market Standing of JD.com
- With a volume of 7,713,130, the price of JD is up 2.8% at $23.88.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 15 days.
What The Experts Say On JD.com
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $38.5.
- Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on JD.com with 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.
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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