What the Options Market Tells Us About JD.com
Portfolio Pulse from Benzinga Insights
Investors with significant capital have taken a bullish stance on JD.com (NASDAQ:JD), as observed through 11 uncommon options trades. The sentiment is 72% bullish and 27% bearish, with a price target range of $22.5 to $37.5. The stock is currently trading at $26.11, down by 2.74%.
July 23, 2024 | 2:32 pm
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Investors with significant capital have taken a bullish stance on JD.com (NASDAQ:JD), as observed through 11 uncommon options trades. The sentiment is 72% bullish and 27% bearish, with a price target range of $22.5 to $37.5. The stock is currently trading at $26.11, down by 2.74%.
The significant bullish sentiment from high-capital investors, as indicated by the options trades, suggests a positive outlook for JD.com's stock price in the short term. The price target range of $22.5 to $37.5 further supports this bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100