Benzinga | Dec 31, 2021 02:18PM EST

This Is What Whales Are Betting On JD.com

Someone with a lot of money to spend has taken a bearish stance on JD.com (NASDAQ:JD).

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with JD, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 19 uncommon options trades for JD.com.

This isn't normal.

The overall sentiment of these big-money traders is split between 42% bullish and 57%, bearish.

Out of all of the special options we uncovered, 2 are puts, for a total amount of $100,860, and 17 are calls, for a total amount of $868,474.

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 $40.0 to $87.5 for JD.com over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

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 activity within a strike price range from $40.0 to $87.5 in the last 30 days.

JD.com Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:



Symbol PUT/ Trade Sentiment Exp. Strike Total Trade Open Volume CALL Type Date Price Price InterestJD CALL SWEEP BEARISH 06/17/ $72.50 $144.8K 799 185 22JD PUT SWEEP BULLISH 01/21/ $70.00 $75.0K 12.8K 506 22JD CALL SWEEP BULLISH 12/31/ $68.00 $72.1K 2.4K 683 21JD CALL SWEEP BULLISH 01/21/ $72.50 $64.1K 3.8K 288 22JD CALL TRADE NEUTRAL 12/31/ $55.00 $61.4K 54 40 21

Where Is JD.com Standing Right Now?

* With a volume of 2,907,404, the price of JD is up 0.06% at $70.44.

* RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.

* Next earnings are expected to be released in 69 days.

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 are already an options trader or would like to get started, head on over to Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy.