JD.com Unusual Options Activity For October 24
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for JD.com (NASDAQ:JD), with a majority of investors taking a bullish stance. The price range targeted by these investors over the last 3 months is $20.0 to $45.0. The current price of JD.com is $24.36, down by 1.77%. Several financial institutions have maintained or downgraded their ratings on JD.com, with price targets ranging from $31 to $67.
October 24, 2023 | 4:15 pm
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JD.com has seen unusual options activity, with a majority of investors bullish. The stock's current price is $24.36, down 1.77%. Analysts have mixed ratings on the stock, with price targets ranging from $31 to $67.
The unusual options activity indicates that investors are speculating on the future price of JD.com, which could lead to increased volatility. The mixed analyst ratings suggest uncertainty about the company's future performance. The current price decrease could be a temporary setback or a sign of a longer-term trend.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100