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Deep-pocketed investors have adopted a bullish approach towards JD.com 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 12 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 58% leaning bullish and 41% bearish. Among these notable options, 10 are puts, totaling $365,631, and 2 are calls, amounting to $146,200.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $29.0 and $44.0 for JD.com, spanning the last three months.

Volume & Open Interest Trends

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 $29.0 to $44.0 in the last 30 days.

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

Significant Options Trades Detected:

About JD.com

JD.com is a leading e-commerce platform with its 2022 China GMV being similar to Pinduoduo (GMV not reported), on our estimate, but still lower than Alibaba. it offers a wide selection of authentic products 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, its online marketplace and omnichannel businesses.

Having examined the options trading patterns of JD.com, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

JD.com’s Current Market Status

• Trading volume stands at 7,562,490, with JD’s price down by -1.94%, positioned at $34.7.
• RSI indicators show the stock to be may be approaching oversold.
• Earnings announcement expected in 103 days.

What Analysts Are Saying About JD.com

2 market experts have recently issued ratings for this stock, with a consensus target price of $49.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge’s Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
* Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for JD.com, targeting a price of $51.
* Reflecting concerns, an analyst from Benchmark lowers its rating to Buy with a new price target of $47.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for JD.com with Benzinga Pro for real-time alerts.

Whales with a lot of money to spend have taken a noticeably bearish stance on Novo Nordisk.

Looking at options history for Novo Nordisk NVO we detected 25 trades.

If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 48% with bearish.

From the overall spotted trades, 11 are puts, for a total amount of $1,872,600 and 14, calls, for a total amount of $3,590,645.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $65.0 to $145.0 for Novo Nordisk during the past quarter.

Volume & Open Interest Trends

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Novo Nordisk’s options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Novo Nordisk’s substantial trades, within a strike price spectrum from $65.0 to $145.0 over the preceding 30 days.

Novo Nordisk Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

About Novo Nordisk

With roughly one third of the global branded diabetes treatment market, Novo Nordisk is the leading provider of diabetes-care products in the world. Based in Denmark, the company manufactures and markets a variety of human and modern insulins, injectable diabetes treatments such as GLP-1 therapy, oral antidiabetic agents, and obesity treatments. Novo also has a biopharmaceutical segment (constituting roughly 10% of revenue) that specializes in protein therapies for hemophilia and other disorders.

Where Is Novo Nordisk Standing Right Now?

• With a volume of 4,857,497, the price of NVO is up 2.5% at $105.2.
• RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
• Next earnings are expected to be released in 68 days.

What Analysts Are Saying About Novo Nordisk

1 market experts have recently issued ratings for this stock, with a consensus target price of $160.0.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access.
* In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Overweight, setting a price target of $160.

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 want to stay updated on the latest options trades for Novo Nordisk, Benzinga Pro gives you real-time options trades alerts.

Investors with a lot of money to spend have taken a bullish stance on Deere DE.

And retail traders should know.

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

Whether these are institutions or just wealthy individuals, we don’t know. But when something this big happens with DE, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga‘s options scanner spotted 16 uncommon options trades for Deere.

This isn’t normal.

The overall sentiment of these big-money traders is split between 43% bullish and 43%, bearish.

Out of all of the special options we uncovered, 6 are puts, for a total amount of $301,147, and 10 are calls, for a total amount of $1,023,353.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $185.0 to $470.0 for Deere over the last 3 months.

Insights into Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Deere’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 Deere’s whale trades within a strike price range from $185.0 to $470.0 in the last 30 days.

Deere 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

About Deere

Deere is the world’s leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.

In light of the recent options history for Deere, it’s now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is Deere Standing Right Now?

• With a trading volume of 1,458,238, the price of DE is up by 1.71%, reaching $445.02.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 83 days from now.

Professional Analyst Ratings for Deere

In the last month, 4 experts released ratings on this stock with an average target price of $485.0.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access.
* Consistent in their evaluation, an analyst from JP Morgan keeps a Neutral rating on Deere with a target price of $450.
* An analyst from Truist Securities has decided to maintain their Buy rating on Deere, which currently sits at a price target of $538.
* Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Deere, targeting a price of $475.
* Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Deere with a target price of $477.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Deere options trades with real-time alerts from Benzinga Pro.

TORONTO, Nov. 22, 2024 /CNW/ – Franklin Templeton Canada today announced cash distributions for certain ETFs and ETF series of mutual funds available to Canadian investors.

As detailed in the table below, unitholders of record as of November 29, 2024, will receive a per-unit cash distribution payable on December 9, 2024.

Estimated Annual Reinvested Distributions

Unitholders of record on December 31, 2024, will receive a per-unit reinvested distribution payable on January 9, 2025. These annual reinvested distributions, detailed in the table below, are estimates only as of September 30, 2024. The final year-end distribution amounts will be announced on December 20, 2024.

The annual reinvested distributions, as applicable, will not be paid in cash but reinvested in additional units and reported as taxable distributions, with a corresponding increase in each unitholder’s adjusted cost base of their units of the respective ETF. The additional ETF units will be immediately consolidated so that the number of units held by the unitholder, the outstanding units and the net asset value of the ETFs will not change as a result of the annual reinvested distribution. The annual reinvested distributions, as applicable, are expected to be capital gains in nature for each of the ETFs.

The actual taxable amounts of cash and reinvested distributions for 2024, including the tax characteristics of the distributions, will be reported to brokers through CDS Clearing and Depository Services Inc. in early 2025. 

Franklin Templeton’s diverse and innovative ETF platform was built to provide better client outcomes for a range of market conditions and investment opportunities. The product suite offers active, smart beta and passive ETFs that span multiple asset classes and geographies. For more information, please visit franklintempleton.ca/etf.

About Franklin Templeton

Franklin Resources, Inc. BEN is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. In Canada, the company’s subsidiary is Franklin Templeton Investments Corp., which operates as Franklin Templeton Canada. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over US$1.6 trillion (over CAN$2.2 trillion) in assets under management as of October 31, 2024. For more information, please visit franklintempleton.ca.

Commissions, management fees and expenses all may be associated with investments in ETFs and ETF series. Investors should carefully consider an ETF’s and ETF series’ investment objectives and strategies, risks, fees and expenses before investing. The prospectus and ETF facts contain this and other information. Please read the prospectus and ETF facts carefully before investing. ETFs and ETF series trade like stocks, fluctuate in market value and may trade at prices above or below their net asset value. Brokerage commissions and ETF and ETF series expenses will reduce returns. ETFs and ETF series are not guaranteed, their values change frequently, and past performance may not be repeated.

Copyright © 2024. Franklin Templeton. All rights reserved.

SOURCE Franklin Templeton Investments Corp.

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