This Is What Whales Are Betting On JD.com
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on JD.com (NASDAQ:JD), with 18 uncommon options trades spotted, split between 50% bullish and 50% bearish. Whales have been targeting a price range of $25.0 to $62.5 for JD.com over the last 3 months. The stock is currently up 3.65% at $36.34.
May 22, 2023 | 2:19 pm
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A large investor has taken a bullish stance on JD.com, with 18 uncommon options trades spotted. Whales have been targeting a price range of $25.0 to $62.5 for JD.com over the last 3 months. The stock is currently up 3.65% at $36.34.
The large investor's bullish stance on JD.com indicates that they believe the stock price will increase in the short term. The 18 uncommon options trades and the targeted price range of $25.0 to $62.5 over the last 3 months suggest that there is significant interest in the stock. The current stock price increase of 3.65% at $36.34 also supports the bullish sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100