Call Options on JD on 9/28/2020

JD.com, Inc. (JD) operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China.

It operates in two segments, JD Retail and New Businesses.

The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.

It also provides gifts, flowers, and plants; nutritional supplements, healthcare services, and other healthcare equipment; books, e-books, music, movie, and other media products; and virtual goods, such as online travel agency, attraction tickets, and prepaid phone and game cards, as well as industrial products and installation and maintenance services. In addition, the company offers an online marketplace for third-party merchants to sell products to customers; and transaction processing and billing and other services.

Further, it provides online marketing services for suppliers, third-party merchants, and other business partners; supply chain and logistics services for various industries; and consumer financing services to individual customers, as well as online-to-offline solutions. JD.com, Inc. offers its products through its website jd.com and mobile apps, as well as directly to customers.

Shares are rebounding from a trendline support. Higher share prices are expected.

We will be trading October 9th Calls

Last Trade: $74.67

Trading Range: $27.53 - $86.58

Trade Buy 1 October $75.00 Call at $2.25 For a net debit of $2.25 Profit/Loss Analysis Breakeven at $77.25 Maximum profit is unbounded Maximum loss is ($225.00) at strike of $75.00 Closing Summary Sold 1 October $75.00 Call at $4.00

Position closed on 10/7/2020 at price of $4.00 with a 77.78% gain in 9 days.

Updates

10/7/2020 9:44:36 AM

JD $75 call options closed at $4

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