Alan Knuckman of Agora Financial spoke on Bloomberg Markets about a bullish options trade in JD.Com Inc JD.
The stock has been trading sideways lately and Knuckman wants to buy the June 20 call for $5. The breakeven for the trade is at $25 or 6.84 percent above the current stock price.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in