What Are Whales Doing With JD.com

What Are Whales Doing With JD.com

A whale with a lot of money to spend has taken a noticeably bullish stance on JD.com.

Looking at options history for JD.com JD we detected 11 strange trades.

If we consider the specifics of each trade, it is accurate to state that 63% of the investors opened trades with bullish expectations and 36% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $386,010 and 6, calls, for a total amount of $223,780.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $60.0 to $68.76 for JD.com over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for JD.com options trades today is 2535.09 with a total volume of 2,004.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for JD.com's big money trades within a strike price range of $60.0 to $68.76 over the last 30 days.

JD.com Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
JD PUT TRADE BEARISH 09/16/22 $60.00 $98.5K 1.0K 250
JD PUT SWEEP BEARISH 09/16/22 $63.76 $85.8K 2.3K 162
JD PUT TRADE BEARISH 09/16/22 $61.26 $79.9K 2.5K 221
JD PUT TRADE BULLISH 08/05/22 $60.00 $65.0K 59 500
JD PUT SWEEP BEARISH 09/16/22 $66.26 $56.7K 1.5K 81

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
JD PUT TRADE BEARISH 09/16/22 $60.00 $98.5K 1.0K 250
JD PUT SWEEP BEARISH 09/16/22 $63.76 $85.8K 2.3K 162
JD PUT TRADE BEARISH 09/16/22 $61.26 $79.9K 2.5K 221
JD PUT TRADE BULLISH 08/05/22 $60.00 $65.0K 59 500
JD PUT SWEEP BEARISH 09/16/22 $66.26 $56.7K 1.5K 81

Where Is JD.com Standing Right Now?

  • With a volume of 2,912,648, the price of JD is up 1.92% at $63.82.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 32 days.

What The Experts Say On JD.com:

  • Citigroup has decided to maintain their Buy rating on JD.com, which currently sits at a price target of $93.
  • Goldman Sachs has decided to maintain their Buy rating on JD.com, which currently sits at a price target of $89.

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.

Posted In: BZI-UOAOptionsMarkets