Mixed options sentiment in JD.com with shares down 4.53%

Mixed options sentiment in JD.com (JD), with shares down $1.39 near $29.32. Options volume more than double the daily average with 353k contracts traded and calls leading puts for a put/call ratio of 0.52, compared to a typical level near 0.33. Implied volatility (IV30) is higher by 2.9 points near 40.2,in the bottom quartile of the past year, suggesting an expected daily move of $0.74. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Underweight at Morgan Stanley.