Ticker Options Intelligence

JD options intelligence

JD.com Inc Adr options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 53 Market data through 31 Jul 2026 Checked 31 Jul 2026 14:59 · complete available chain

Volatility expansion watch

Volatility pressure

JD currently carries volatility options pressure with a 53/100 conviction score. The nearest-chain expected move is 7.7%, with volume/open-interest participation at 0.02.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Compare Chart Weekly report
Primary read Volatility

Volatility expansion watch

Expected move 7.7%

Wider near-term move priced

Activity / OI 0.02

Current volume is quieter versus prior open interest

Put-call 2.80

Put-side skew

Trend fit 64

Options agree with trend context

Weekly backdrop +1.9%

RS -5.7

Expected move 7.7%
Put-call volume 2.80
Volume / OI 0.02
Reference IV 1.20
Max pain 30.50
Underlying 30.19
Nearest expiry 31 Jul 2026
Contracts 606

Research Brief

JD has a volatility chain read with 53/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 27.88–32.50; The largest call open-interest concentration is 30.00; the largest put concentration is 30.50. The most active strike by current volume is 28.50.

Priced range27.88–32.50
Call concentration30.00
Put concentration30.50
Max pain reference30.50
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • Front-expiry volatility is rich, so the signal may be event-driven and vulnerable to volatility compression.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 31 Jul

Options imply 27.88 to 32.50. Max pain at 30.50 sits inside that range, 1.0% above spot.

Spot Max pain
27.8830.19 ± 2.3132.50
Confirmation level

A close beyond 32.50 or below 27.88 at the 31 Jul expiry would exceed the move currently priced by this chain.

Important limitation

The range is a pricing reference, not a forecast; volatility can reprice sharply after news or as expiry approaches.

Score Construction

Why conviction is 53/100

Evidence alignment, not probability

Pressure is 43/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure43 × 42%
+18.2

How strongly activity leans toward calls or puts.

Participation41 × 22%
+8.9

Volume relative to existing open interest and contract-level activity.

Trend agreement64 × 26%
+16.7

How closely the chain read agrees with the underlying trend backdrop.

Volatility87 × 10%
+8.7

The intensity of implied volatility and the priced move.

Reconstructed score52.5Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 30.00; the largest put concentration is 30.50. The most active strike by current volume is 28.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
537
23.00-23.8%
106
291
25.00-17.2%
402
191
26.00-13.9%
127
167
27.00-10.6%
349
492
28.00-7.3%
259
1112
28.50-5.6%
33
1448
29.00-3.9%
824
184
29.50-2.3%
365
369
30.00-0.6%
1553
3915
30.501.0%
662
879
31.002.7%
1532
162
31.504.3%
656
275
32.006.0%
1206
110
32.507.7%
1450
144
33.009.3%
1126
0
34.0012.6%
429
2
35.0015.9%
319
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

2.58× front/back

Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.

1.20 31 Jul 0d
0.59 7 Aug 7d
0.56 14 Aug 14d
0.49 21 Aug 21d
0.60 28 Aug 28d
0.60 4 Sep 35d
0.42 18 Sep 49d
0.41 16 Oct 77d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

25
25
26
26
27
27
28
28
29
29
30
31
31
32
32
33
33
34
34
35
36
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

Forward validation is building. The earliest eligible stored read expires 31 Jul 2026; its result will appear after the matched closing reference is stored.

Directional follow-through-
Moves contained by pricing-
Average expiry move-
Validation readiness
  • Versioned calculationv2 observations only
  • Independent entryone read per market session
  • Point-in-time referencerequired at entry
  • Matched expiry closereported only after maturity

Only v2 snapshots with a point-in-time market reference are eligible. Each observation uses one read per market session and the first weekly close on or immediately after expiry. It is an evidence audit, not an executable strategy or evidence of future performance.

Evidence Quality

High

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
606 / 606
  • No material coverage gap was detected in the retained chain.

Aggregate chain data supports concentration, participation and pricing analysis. It does not identify trade aggressor, opening versus closing activity, multi-leg intent or dealer inventory.

Options Intent Radar

Earnings/event positioning

85/100
Primary intent Earnings/event positioning

Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.

Flow vs price divergence Volatility flow versus price

Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $4.8M of estimated gross traded notional, puts · 91+ days · itm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-43
1W price+1.9%
Call premium52%
Put premium48%
Notional split C 52% / P 48% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.02 Volume divided by open interest across the visible chain.
Trend fit 64/100 Agreement between options pressure and Sharemaestro market context.
Event window 11 Aug Matched earnings event is 11 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Conviction clusters Puts · 91+ days · ITM
Puts · 91+ days · ITM puts cluster with 1942 contracts traded, $1.2M estimated gross traded notional, and 25% of visible notional.
$1.2M
Calls · 91+ days · ITM calls cluster with 584 contracts traded, $645138 estimated gross traded notional, and 13% of visible notional.
$645138
Calls · 91+ days · OTM calls cluster with 2126 contracts traded, $562742 estimated gross traded notional, and 12% of visible notional.
$562742
Calls · 0-7 days · ITM calls cluster with 570 contracts traded, $426996 estimated gross traded notional, and 9% of visible notional.
$426996
Calls · 8-21 days · ITM calls cluster with 463 contracts traded, $425452 estimated gross traded notional, and 9% of visible notional.
$425452

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

Activity Anomaly

Warming up

-

3 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 3 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close30.19
1W+1.9%
RS-5.7
Fair value+2.1%
Options pressure-43
Speculation41
Volatility87
Trend fit64

Today Versus Normal

Stored-options context

View history
Expected move 7.7% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 1.20 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 2.80 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.02 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:11 Bullish
Pressure 74
Move 6.1%
30 Jul 10:06 Volatility
Pressure 54
Move 8.4%
31 Jul 09:37 Volatility
Pressure -46
Move 7.8%
31 Jul 13:59 Volatility
Pressure -43
Move 7.7%

Strike Map

Where activity is clustering

Full strike map
Strike16.00
Calls · V 6 · OI 12
Puts · V 0 · OI 0
Strike17.00
Calls · V 42 · OI 39
Puts · V 0 · OI 0
Strike18.00
Calls · V 45 · OI 37
Puts · V 1 · OI 2
Strike19.00
Calls · V 0 · OI 0
Puts · V 2 · OI 1
Strike20.00
Calls · V 8 · OI 10
Puts · V 10 · OI 20
Strike21.00
Calls · V 9 · OI 10
Puts · V 1 · OI 114
Strike22.00
Calls · V 13 · OI 58
Puts · V 1 · OI 9
Strike23.00
Calls · V 4 · OI 106
Puts · V 1 · OI 537

Term Structure

Expiration activity

Volume and IV
Expiry31 Jul 2026
Contracts57
Avg IV1.20
Put-call3.68
Expiry7 Aug 2026
Contracts40
Avg IV0.59
Put-call0.63
Expiry14 Aug 2026
Contracts24
Avg IV0.56
Put-call1.74
Expiry21 Aug 2026
Contracts52
Avg IV0.49
Put-call0.92
Expiry28 Aug 2026
Contracts26
Avg IV0.60
Put-call45.19

Skew

Call/put IV balance

OTM demand
31 Jul 2026Put IV premium
Call IV0.65
Put IV2.34
Skew1.69
7 Aug 2026Put IV premium
Call IV0.42
Put IV0.84
Skew0.42
14 Aug 2026Balanced skew
Call IV0.50
Put IV0.52
Skew0.02
21 Aug 2026Balanced skew
Call IV0.45
Put IV0.47
Skew0.02
28 Aug 2026Put IV premium
Call IV0.48
Put IV0.61
Skew0.13

Contract Tape

Most active contracts

Full contract tape
ContractJD260807P00039000
SidePut
Expiry7 Aug 2026
Strike39.00
Volume-
OI-
IV0.98
ContractJD260731P00024500
SidePut
Expiry31 Jul 2026
Strike24.50
Volume-
OI-
IV5.67
ContractJD261016P00016000
SidePut
Expiry16 Oct 2026
Strike16.00
Volume-
OI70
IV1.11
ContractJD281215P00018000
SidePut
Expiry15 Dec 2028
Strike18.00
Volume-
OI26
IV0.47
ContractJD270115P00016000
SidePut
Expiry15 Jan 2027
Strike16.00
Volume-
OI12
IV0.58
ContractJD270617P00047000
SidePut
Expiry17 Jun 2027
Strike47.00
Volume-
OI11
IV0.62
ContractJD260821C00027500
SideCall
Expiry21 Aug 2026
Strike27.50
Volume-
OI10
IV0.72
ContractJD260821C00020000
SideCall
Expiry21 Aug 2026
Strike20.00
Volume-
OI6
IV2.10