I opened $JD 20240405 24.5 PUT$ ,🛒 JD.com has really grabbed my attention lately! It closed at $26.80, ticking up by 1.13% and beating the market trends, as the S&P 500 dipped by 0.31%. Over the past month, JD’s stock has soared by nearly 11%, outshining the Retail-Wholesale sector's rise of 2.43% and the S&P's 3.05% increase. JD is expected to announce earnings per share (EPS) of $0.63, down 8.7% year-over-year, yet its revenue looks promising with a slight increase to $35.69 billion. For the year, forecasts are optimistic, predicting earnings of $3.14 per share and revenue hitting $160.06 billion, marking modest but steady growth. In terms of value, JD’s trading at a Forward P/E of just 8.44, a steal compared to the industry average of 20.11. Positioned well within the Internet - Commerce space, part of the bustling Retail-Wholesale sector, JD is standing out in the top 35% of over 250 industries. I'm quite bullish on JD’s prospects – their performance speaks volumes about their market position and potential. Let’s see what happens with the CSP bet! ✌️| Side | Price | Realized P&L |
|---|
| Sell Open | 0.24 | -- Closed |
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