Whales with a lot of money to spend have taken a noticeably bullish stance on JD.com.
Looking at options history for JD.com JD we detected 21 trades.
If we consider the specifics of each trade, it is accurate to state that 57% of the investors opened trades with bullish expectations and 42% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $450,017 and 13, calls, for a total amount of $546,313.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $22.5 and $39.0 for JD.com, spanning the last three months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of JD.com stands at 5171.38, with a total volume reaching 13,194.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in JD.com, situated within the strike price corridor from $22.5 to $39.0, throughout the last 30 days.
JD.com Option Activity Analysis: Last 30 Days
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 | $35.00 | $99.0K | 7.2K | 300 |
| JD | PUT | SWEEP | BULLISH | 01/17/25 | $35.00 | $96.5K | 7.2K | 603 |
| JD | PUT | TRADE | BEARISH | 01/17/25 | $35.00 | $72.5K | 7.2K | 126 |
| JD | PUT | SWEEP | BULLISH | 09/20/24 | $30.00 | $65.1K | 1.4K | 73 |
| JD | CALL | TRADE | NEUTRAL | 09/20/24 | $22.50 | $59.7K | 2.6K | 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.
After a thorough review of the options trading surrounding JD.com, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of JD.com
- With a trading volume of 5,030,038, the price of JD is down by -1.36%, reaching $27.47.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 51 days from now.
What Analysts Are Saying About JD.com
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $38.8.
- Consistent in their evaluation, an analyst from HSBC keeps a Buy rating on JD.com with a target price of $39.
- An analyst from Benchmark has decided to maintain their Buy rating on JD.com, which currently sits at a price target of $55.
- Maintaining their stance, an analyst from Susquehanna continues to hold a Neutral rating for JD.com, targeting a price of $28.
- An analyst from Mizuho has decided to maintain their Buy rating on JD.com, which currently sits at a price target of $33.
- Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on JD.com with a target price of $39.
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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