Whales with a lot of money to spend have taken a noticeably bearish stance on JD.com.
Looking at options history for JD.com JD we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 75% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $652,336 and 6, calls, for a total amount of $181,055.
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 $20.0 and $36.0 for JD.com, spanning the last three months.
Analyzing 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 $20.0 to $36.0 in 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 | SWEEP | BEARISH | 09/20/24 | $35.00 | $627.1K | 813 | 640 |
| JD | CALL | SWEEP | BULLISH | 06/21/24 | $36.00 | $37.1K | 3.2K | 1.1K |
| JD | CALL | TRADE | BEARISH | 01/16/26 | $27.50 | $33.1K | 1.4K | 0 |
| JD | CALL | SWEEP | BEARISH | 06/21/24 | $32.50 | $29.6K | 13.7K | 731 |
| JD | CALL | SWEEP | BEARISH | 06/21/24 | $34.00 | $28.5K | 20.1K | 500 |
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.
Where Is JD.com Standing Right Now?
- Trading volume stands at 8,205,535, with JD's price down by -2.96%, positioned at $26.25.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 48 days.
Expert Opinions on JD.com
5 market experts have recently issued ratings for this stock, with a consensus target price of $33.0.
- Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on JD.com with a target price of $39.
- Maintaining their stance, an analyst from Susquehanna continues to hold a Neutral rating for JD.com, targeting a price of $28.
- Consistent in their evaluation, an analyst from Mizuho keeps a Buy rating on JD.com with a target price of $33.
- An analyst from Loop Capital has decided to maintain their Hold rating on JD.com, which currently sits at a price target of $26.
- Consistent in their evaluation, an analyst from HSBC keeps a Buy rating on JD.com with a target price of $39.
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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