Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

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 (NASDAQ:JD) we detected 11 strange trades.

If we consider the specifics of each trade, it is accurate to state that 54% of the investors opened trades with bullish expectations and 45% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $373,500 and 8, calls, for a total amount of $415,030.

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 $67.5 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 $67.5 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 TRADE BULLISH 09/16/22 $65.00 $176.0K 780 420
JD PUT TRADE BULLISH 12/16/22 $67.50 $123.5K 154 132
JD CALL SWEEP BEARISH 07/15/22 $65.00 $115.5K 2.1K 1.0K
JD PUT TRADE BULLISH 07/15/22 $60.00 $74.0K 4.4K 1.2K
JD CALL TRADE BULLISH 09/16/22 $65.00 $65.0K 1.5K 223

Where Is JD.com Standing Right Now?

  • With a volume of 6,816,900, the price of JD is up 7.6% at $63.41.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 69 days.

What The Experts Say On JD.com:

  • JP Morgan upgraded its action to Neutral with a price target of $58
  • Benchmark has decided to maintain their Buy rating on JD.com, which currently sits at a price target of $106.
  • Susquehanna has decided to maintain their Neutral rating on JD.com, which currently sits at a price target of $55.

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.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.