InvestorsKeyhole Morning News Leader

JD.com attracts attention from option buyers

Option traders are taking a long position on Chinese online retailer JD.com (JD). In particular, activity in the Sept. 40 call showed up on our screens today. Total volume is 6,533 contracts, with much of that particularly in the early part of the day, trading on the high-side of the spread, including a single trade of 1,000 contracts that moved at the high for today. Given the prices paid, and that there were only 437 contracts on the board this morning at the open, it seems very likely that this buying is the opening of new positions.

Already a member?

Login to see your Morning News Leader Trade Idea.

Not yet a member?

You can receive four timely bull-put credit spreads each market day by joining our InvestorsKeyhole Daily Trade Alerts Service. Our analysts scour the news looking for unusual options activity, how insiders are trading, and breaking news, and publish trades accordingly.

Become A Member

JD
About JD.com Inc.

JD.com is China's second-largest e-commerce company after Alibaba in terms of transaction volume, offering a wide selection of authentic products at competitive prices, with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales and its online marketplace businesses. JD.com launched its online marketplace business in 2010.

Download this step-by-step guide on placing InvestorsKeyhole Daily Trade Alerts.

How to place a credit spread

How to place a vertical debit spread

|

You May Also Like