Whales with a lot of money to spend have taken a noticeably bullish stance on Alibaba Gr Hldgs.
Looking at options history for Alibaba Gr Hldgs BABA we detected 14 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $79,784 and 12, calls, for a total amount of $517,295.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $120.0 for Alibaba Gr Hldgs over the recent three months.
Volume & Open Interest Trends
In today's trading context, the average open interest for options of Alibaba Gr Hldgs stands at 8072.09, with a total volume reaching 6,272.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Alibaba Gr Hldgs, situated within the strike price corridor from $50.0 to $120.0, throughout the last 30 days.
Alibaba Gr Hldgs Call and Put Volume: 30-Day Overview
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 | SWEEP | BEARISH | 10/18/24 | $3.2 | $3.2 | $3.2 | $110.00 | $64.0K | 11.6K | 1.1K |
| BABA | CALL | TRADE | BULLISH | 10/18/24 | $3.15 | $3.1 | $3.15 | $110.00 | $63.0K | 11.6K | 949 |
| BABA | CALL | TRADE | BEARISH | 12/19/25 | $25.95 | $24.5 | $24.5 | $100.00 | $61.2K | 545 | 0 |
| BABA | CALL | SWEEP | BEARISH | 12/20/24 | $5.5 | $5.4 | $5.4 | $120.00 | $48.6K | 13.3K | 203 |
| BABA | CALL | SWEEP | BULLISH | 10/11/24 | $1.4 | $1.23 | $1.38 | $110.00 | $48.2K | 13.6K | 545 |
About Alibaba Gr Hldgs
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.
Having examined the options trading patterns of Alibaba Gr Hldgs, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Alibaba Gr Hldgs Standing Right Now?
- Currently trading with a volume of 2,568,917, the BABA's price is up by 1.39%, now at $109.39.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 35 days.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
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.
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