August 2026 Options for Vipshop Holdings (VIPS) Now Open for Trading
Put Contract Overview: The $18.00 put contract for VIPS has a bid of 40 cents, allowing investors to buy shares at a cost basis of $17.60, which is a 7% discount from the current price of $19.26. There is a 65% chance the contract may expire worthless, offering a potential 2.22% return on cash commitment.
Call Contract Overview: The $23.00 call contract has a bid of 85 cents, and if shares are purchased at $19.26 and the call is sold, it could yield a total return of 23.83% if exercised by August 2026. There is a 57% chance this contract may also expire worthless, providing a potential 4.41% additional return.
Volatility Insights: The implied volatility for the put contract is 45%, while the call contract has an implied volatility of 54%. The actual trailing twelve-month volatility is calculated at 37%.
YieldBoost Concept: Both the put and call contracts offer a "YieldBoost," with the put providing a 3.30% annualized return if it expires worthless, and the call offering a 6.55% annualized return under similar conditions.
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- Earnings Release Schedule: Vipshop plans to release its Q4 and full year 2025 financial results on February 26, 2026, before the US market opens, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Timing: The company will hold a conference call on February 26, 2026, at 7:00 am US Eastern Time (8:00 pm Beijing Time) to discuss the financial results in depth, aiming to bolster market confidence.
- Participant Registration Requirement: All participants wishing to join the conference call must pre-register online, ensuring a smooth meeting process and enhancing participant engagement during the call.
- Webcast and Archive Availability: The earnings conference call will be available via live webcast and archived on the company's investor relations website, allowing investors who cannot attend in real-time to access the information later, thereby improving information accessibility.
- Earnings Release Schedule: Vipshop plans to release its Q4 and full year 2025 financial results on February 26, 2026, before the US market opens, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Timing: The company will hold a conference call on February 26, 2026, at 7:00 AM US Eastern Time (8:00 PM Beijing Time) to discuss the financial results in depth, aiming to bolster market confidence among investors.
- Participant Registration Requirement: All participants wishing to join the conference call must pre-register online, ensuring smooth proceedings and enhancing participant engagement, reflecting the company's focus on investor relations.
- Live Webcast and Archive: The earnings conference call will be available via live webcast and archived on the company's investor relations website, ensuring that investors who cannot attend in real-time can access key information, further enhancing information transparency.

- Earnings Release Schedule: Vipshop plans to announce its Q4 and full year 2025 financial results on February 26, 2026, before the US market opens, reflecting the company's commitment to transparency and investor communication.
- Conference Call Timing: The company will hold a conference call on February 26, 2026, at 7:00 AM US Eastern Time (8:00 PM Beijing Time) to discuss the financial results in depth, aiming to enhance market confidence.
- Participant Registration Requirement: All participants wishing to join the conference call must pre-register online, ensuring a smooth meeting process and improving participant engagement.
- Webcast and Archive Availability: The earnings conference call will be available via live webcast, with an archived version accessible on the company's investor relations website, enhancing information accessibility for investors who cannot attend live.
- Share Reduction Transaction: North of South Capital disclosed in an SEC filing that it sold 1,093,316 shares of Vipshop Holdings in the fourth quarter, valued at approximately $21.04 million, indicating a potential decrease in confidence in the company.
- Remaining Share Value: As of the quarter's end, North of South Capital retained 2,262,683 shares of Vipshop, valued at about $40.03 million, although the overall position's value declined by $25.88 million due to both the sale and price fluctuations, reflecting a cautious market sentiment.
- Portfolio Adjustment: Vipshop now represents only 3.6% of North of South Capital's 13F reportable assets, down from 6.3% in the previous quarter, indicating a reduced significance in the portfolio, which has shifted towards larger tech stocks.
- Company Performance: Vipshop reported third-quarter revenue of RMB 21.4 billion (approximately $3.0 billion), a 3.4% year-over-year increase, with net income rising 16.8% to RMB 1.2 billion (about $171.5 million), demonstrating its profitability and cash flow despite a shift in investor confidence.
- Stake Reduction: North of South Capital sold 1,093,316 shares of Vipshop in Q4, with an estimated transaction value of $21.04 million, indicating a cautious market sentiment that may affect investor confidence.
- Value Decline: Following the sale, the value of Vipshop's position decreased by $25.88 million, reflecting not only the impact of the sale but also stock price fluctuations that could lead to adjustments in future investment strategies.
- Ownership Percentage Drop: Vipshop now represents 3.6% of North of South Capital's 13F reportable assets, down from 6.3% in the previous quarter, suggesting a diminished significance of the company within the investment portfolio that may affect its market positioning.
- Performance Metrics: Despite the reduction, Vipshop reported a 3.4% year-over-year revenue increase to RMB 21.4 billion in Q3, with net income rising 16.8% to RMB 1.2 billion, demonstrating its ongoing competitiveness in the Chinese retail market and potential for future growth.
- Stake Reduction: On January 29, Polaris Capital disclosed to the SEC that it sold its entire stake in Vipshop, offloading 5.07 million shares in a transaction valued at approximately $99.54 million, indicating a diminished confidence in the stock.
- Asset Reallocation: Vipshop previously represented 6.5% of Polaris's AUM, and this complete exit suggests a strategic shift towards sectors with clearer earnings visibility, particularly in U.S.-listed banks and healthcare.
- Stable Financials: Vipshop reported a 3.4% year-over-year revenue increase to $3 billion and a nearly 17% rise in net income in the latest quarter, reflecting stable fundamentals, yet Polaris's exit may signal caution regarding the Chinese consumer market.
- Market Performance: As of January 28, Vipshop shares were priced at $17.67, up 23.7% over the past year, outperforming the S&P 500 by 8.74 percentage points, indicating its ongoing competitiveness in the e-commerce sector.








