Benzinga | Dec 23, 2021 10:21AM EST

JD.com Whale Trades Spotted

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 13 uncommon options trades for JD.com.

This isn't normal.

The overall sentiment of these big-money traders is split between 38% bullish and 61%, bearish.

Out of all of the special options we uncovered, 5 are puts, for a total amount of $300,888, and 8 are calls, for a total amount of $522,452.

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 $50.0 to $105.0 for JD.com over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for JD.com options trades today is 2850.73 with a total volume of 3,763.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for JD.com's big money trades within a strike price range of $50.0 to $105.0 over 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 BULLISH 01/20/ $95.00 $130.8K 2.2K 802 23JD PUT SWEEP BEARISH 03/18/ $60.00 $127.0K 5.4K 540 22JD CALL TRADE BEARISH 03/18/ $80.00 $121.5K 3.4K 525 22JD PUT TRADE BULLISH 01/20/ $70.00 $71.7K 3.7K 59 23JD CALL SWEEP BULLISH 01/20/ $105.00 $57.6K 2.4K 450 23

Where Is JD.com Standing Right Now?

* With a volume of 8,473,823, the price of JD is down -9.89% at $66.45.

* RSI indicators hint that the underlying stock may be oversold.

* Next earnings are expected to be released in 77 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.