Buying JD calls.
After a truly brutal season for big Chinese corporations, some key players appear to be ready to rebound. Chinese retailer JD.com (JD) has started moving higher with a series of higher lows and higher highs. Expectations for strong holiday spending could send shares higher and a shift in the overall market perception of Chinese companies could also add support.
- Buy (to open) 8 JD December 17th $70 Calls
- Limit $12.00 or less
- The new position will represent roughly 7.6% of our Spec Model capital
- 12:41 Executed
- Bot JD Dec 17th $70 Calls @ $11.99