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 8 uncommon options trades for JD.com.
This isn't normal.
The overall sentiment of these big-money traders is split between 25% bullish and 75%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $411,832, and 2 are calls, for a total amount of $168,377.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $24.0 and $32.5 for JD.com, spanning the last three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
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 activity within a strike price range from $24.0 to $32.5 in the last 30 days.
JD.com Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| JD | PUT | SWEEP | BULLISH | 01/17/25 | $32.50 | $116.7K | 3.1K | 200 |
| JD | PUT | SWEEP | BEARISH | 01/17/25 | $32.50 | $109.0K | 3.1K | 200 |
| JD | CALL | SWEEP | BEARISH | 03/15/24 | $24.00 | $84.3K | 26.2K | 85 |
| JD | CALL | SWEEP | NEUTRAL | 03/15/24 | $24.00 | $84.0K | 26.2K | 1.5K |
| JD | PUT | TRADE | BEARISH | 09/20/24 | $32.50 | $53.2K | 1.8K | 150 |
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.
In light of the recent options history for JD.com, it's now appropriate to focus on the company itself. We aim to explore its current performance.
JD.com's Current Market Status
- Currently trading with a volume of 1,688,264, the JD's price is up by 1.72%, now at $23.01.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 5 days.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for JD.com, Benzinga Pro gives you real-time options trades 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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