Deep-pocketed investors have adopted a bearish approach towards Alibaba Gr Holding BABA, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BABA usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 22 extraordinary options activities for Alibaba Gr Holding. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 27% leaning bullish and 68% bearish. Among these notable options, 3 are puts, totaling $200,631, and 19 are calls, amounting to $818,018.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $55.0 to $180.0 for Alibaba Gr Holding over the recent three months.
Volume & Open Interest Trends
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Alibaba Gr Holding's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Alibaba Gr Holding's significant trades, within a strike price range of $55.0 to $180.0, over the past month.
Alibaba Gr Holding Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BABA | CALL | TRADE | BEARISH | 01/16/26 | $13.35 | $13.05 | $13.11 | $90.00 | $131.1K | 7.2K | 12 |
| BABA | CALL | SWEEP | BEARISH | 06/21/24 | $3.35 | $3.3 | $3.3 | $80.00 | $104.7K | 51.1K | 1.1K |
| BABA | PUT | TRADE | BEARISH | 01/16/26 | $39.9 | $38.65 | $39.5 | $115.00 | $79.0K | 146 | 20 |
| BABA | PUT | SWEEP | NEUTRAL | 06/20/25 | $104.5 | $100.0 | $102.37 | $180.00 | $71.6K | 0 | 0 |
| BABA | CALL | TRADE | BEARISH | 09/20/24 | $3.1 | $2.95 | $3.0 | $90.00 | $60.0K | 8.4K | 43 |
About Alibaba Gr Holding
Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume. It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). The China commerce retail division is the most valuable cash flow-generating business at Alibaba. Additional revenue sources include China commerce wholesale, international commerce retail/wholesale, local consumer services, cloud computing, digital media and entertainment platforms, Cainiao logistics services, and innovation initiatives/other.
In light of the recent options history for Alibaba Gr Holding, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Alibaba Gr Holding
- Trading volume stands at 4,156,452, with BABA's price up by 2.38%, positioned at $77.31.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 12 days.
What The Experts Say On Alibaba Gr Holding
A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $106.75.
- An analyst from Benchmark downgraded its action to Buy with a price target of $118.
- An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Alibaba Gr Holding, which currently sits at a price target of $85.
- An analyst from Citigroup persists with their Buy rating on Alibaba Gr Holding, maintaining a target price of $124.
- Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Alibaba Gr Holding, targeting a price of $100.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Alibaba Gr Holding with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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