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Unpacking the Latest Options Trading Trends in JD.com

Author: Benzinga Insights | May 13, 2024 10:15am

Whales with a lot of money to spend have taken a noticeably bullish stance on JD.com.

Looking at options history for JD.com (NASDAQ:JD) we detected 19 trades.

If we consider the specifics of each trade, it is accurate to state that 42% of the investors opened trades with bullish expectations and 42% with bearish.

From the overall spotted trades, 4 are puts, for a total amount of $218,887 and 15, calls, for a total amount of $626,726.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $25.0 to $55.0 for JD.com during the past quarter.

Insights into Volume & Open Interest

In today's trading context, the average open interest for options of JD.com stands at 13169.54, with a total volume reaching 9,814.00. 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 $25.0 to $55.0, throughout the last 30 days.

JD.com Option Activity Analysis: Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
JD PUT TRADE BULLISH 05/17/24 $4.1 $3.95 $4.0 $37.50 $80.0K 0 200
JD CALL SWEEP BULLISH 05/17/24 $1.21 $1.15 $1.2 $35.00 $69.8K 13.1K 1.1K
JD CALL TRADE NEUTRAL 01/16/26 $15.05 $12.9 $13.9 $25.00 $69.5K 4.0K 15
JD PUT SWEEP BEARISH 06/21/24 $4.45 $4.4 $4.45 $37.50 $66.7K 1.4K 200
JD CALL SWEEP BEARISH 05/17/24 $3.05 $2.97 $2.97 $32.00 $59.4K 7.5K 1.1K

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 volume of 4,074,380, the price of JD is up 7.14% at $34.5.
  • RSI indicators hint that the underlying stock may be overbought.
  • Next earnings are expected to be released in 3 days.

Expert Opinions on JD.com

A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $39.666666666666664.

  • An analyst from Benchmark has revised its rating downward to Buy, adjusting the price target to $55.
  • An analyst from Goldman Sachs downgraded its action to Buy with a price target of $37.
  • In a cautious move, an analyst from Morgan Stanley downgraded its rating to Equal-Weight, setting a price target of $27.

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.

Posted In: JD

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