JD.com Unusual Options Activity For July 18
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for JD.com (NASDAQ:JD), with a mix of bullish and bearish stances. Of the 12 strange trades detected, 50% were bullish and 50% were bearish. The total amount for puts was $78,190 and for calls was $537,282. Whales have been targeting a price range from $30.0 to $50.0 for JD.com over the last 3 months. The current price of JD is down -4.1% at $36.23. Benchmark maintains a Buy rating on JD.com with a price target of $73.
July 18, 2023 | 3:16 pm
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Unusual options activity detected for JD.com. Whales have been targeting a price range from $30.0 to $50.0 over the last 3 months. The current price of JD is down -4.1% at $36.23. Benchmark maintains a Buy rating with a price target of $73.
The unusual options activity indicates that there is significant interest in JD.com's stock, with a mix of bullish and bearish stances. This could lead to increased volatility in the short term. However, the maintained Buy rating from Benchmark with a price target of $73 suggests a positive outlook for the stock in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100