This Is What Whales Are Betting On JD.com

This Is What Whales Are Betting On JD.com

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

Looking at options history for JD.com JD we detected 15 strange trades.

If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 53% with bearish.

From the overall spotted trades, 8 are puts, for a total amount of $642,010 and 7, calls, for a total amount of $418,623.

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 $50.0 to $88.76 for JD.com over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $50.0 to $88.76 in 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 SWEEP NEUTRAL 01/19/24 $83.76 $156.0K 276 50
JD CALL SWEEP BEARISH 10/21/22 $55.00 $135.5K 1.6K 23
JD CALL SWEEP NEUTRAL 03/17/23 $57.50 $128.0K 589 60
JD PUT SWEEP BULLISH 01/19/24 $78.76 $112.9K 242 42
JD PUT SWEEP BEARISH 11/18/22 $50.00 $106.4K 1.5K 8

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
JD PUT SWEEP NEUTRAL 01/19/24 $83.76 $156.0K 276 50
JD CALL SWEEP BEARISH 10/21/22 $55.00 $135.5K 1.6K 23
JD CALL SWEEP NEUTRAL 03/17/23 $57.50 $128.0K 589 60
JD PUT SWEEP BULLISH 01/19/24 $78.76 $112.9K 242 42
JD PUT SWEEP BEARISH 11/18/22 $50.00 $106.4K 1.5K 8

Where Is JD.com Standing Right Now?

  • With a volume of 3,817,611, the price of JD is up 2.43% at $53.58.
  • RSI indicators hint that the underlying stock may be approaching oversold.
  • Next earnings are expected to be released in 52 days.

What The Experts Say On JD.com:

  • Susquehanna has decided to maintain their Neutral rating on JD.com, which currently sits at a price target of $62.

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