Looking At Alibaba Gr Holding's Recent Unusual Options Activity

Whales with a lot of money to spend have taken a noticeably bullish stance on Alibaba Gr Holding.

Looking at options history for Alibaba Gr Holding BABA we detected 63 trades.

If we consider the specifics of each trade, it is accurate to state that 52% of the investors opened trades with bullish expectations and 47% with bearish.

From the overall spotted trades, 18 are puts, for a total amount of $799,394 and 45, calls, for a total amount of $3,120,976.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $45.0 and $120.0 for Alibaba Gr Holding, spanning the last three months.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Alibaba Gr Holding's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Alibaba Gr Holding's substantial trades, within a strike price spectrum from $45.0 to $120.0 over the preceding 30 days.

Alibaba Gr Holding Option Activity Analysis: Last 30 Days

Significant Options Trades Detected:

About Alibaba Gr Holding

Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume (CNY 8.3 trillion for the fiscal year ended March 2022). It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba's China commerce retail division accounted for 67% of revenue in the year ended March 2022. Additional revenue sources include China commerce wholesale (2%), international commerce retail/wholesale (5%/2%), local consumer services (5%), cloud computing (9%), digital media and entertainment platforms (4%), Cainiao logistics services (5%), and innovation initiatives/other (1%).

Following our analysis of the options activities associated with Alibaba Gr Holding, we pivot to a closer look at the company's own performance.

Present Market Standing of Alibaba Gr Holding

• With a volume of 16,424,819, the price of BABA is down -0.01% at $75.19.
• RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
• Next earnings are expected to be released in 13 days.

Professional Analyst Ratings for Alibaba Gr Holding

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $107.4.

• An analyst from Barclays has decided to maintain their Overweight rating on Alibaba Gr Holding, which currently sits at a price target of $109.
• Maintaining their stance, an analyst from Benchmark continues to hold a Buy rating for Alibaba Gr Holding, targeting a price of $128.
• Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on Alibaba Gr Holding with a target price of $110.
• Maintaining their stance, an analyst from Baird continues to hold a Outperform rating for Alibaba Gr Holding, targeting a price of $90.
• An analyst from Mizuho has decided to maintain their Buy rating on Alibaba Gr Holding, which currently sits at a price target of $100.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Alibaba Gr Holding, Benzinga Pro gives you real-time options trades alerts.