Decoding JD.com's Options Activity: What's the Big Picture?

Deep-pocketed investors have adopted a bearish approach towards JD.com (NASDAQ:JD), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in JD usually suggests something big is about to happen.We gleaned this information from our observations today when Benzinga's options scanner highlighted 29 extraordinary options activities for JD.com. This level of activity is out of the ordinary.The general mood among these heavyweight investors is divided, with 37% leaning bullish and 48% bearish. Among these notable options, 12 are puts, totaling $722,928, and 17 are calls, amounting to $1,243,198.Projected Price TargetsAnalyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $24.0 to $50.0 for JD.com during the past quarter. Analyzing Volume & Open InterestLooking at the ...Full story available on Benzinga.com