Investors with a lot of money to spend have taken a bullish stance on Alibaba Gr Hldgs BABA.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BABA, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 10 uncommon options trades for Alibaba Gr Hldgs.
This isn't normal.
The overall sentiment of these big-money traders is split between 40% bullish and 30%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $399,265, and 4 are calls, for a total amount of $276,080.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $60.0 to $120.0 for Alibaba Gr Hldgs during the past quarter.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Alibaba Gr Hldgs's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Alibaba Gr Hldgs's whale trades within a strike price range from $60.0 to $120.0 in the last 30 days.
Alibaba Gr Hldgs Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BABA | PUT | TRADE | BEARISH | 01/03/25 | $2.95 | $2.88 | $2.95 | $88.00 | $118.0K | 590 | 400 |
| BABA | PUT | TRADE | BEARISH | 01/16/26 | $36.2 | $35.55 | $36.0 | $120.00 | $90.0K | 710 | 25 |
| BABA | CALL | TRADE | NEUTRAL | 02/21/25 | $8.1 | $8.0 | $8.05 | $82.50 | $80.5K | 1.5K | 101 |
| BABA | CALL | TRADE | BEARISH | 01/17/25 | $26.75 | $26.35 | $26.4 | $60.00 | $79.2K | 217 | 30 |
| BABA | CALL | TRADE | NEUTRAL | 03/21/25 | $7.95 | $7.85 | $7.9 | $85.00 | $79.0K | 6.5K | 105 |
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.
Current Position of Alibaba Gr Hldgs
- With a volume of 1,128,022, the price of BABA is down -0.69% at $86.55.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 49 days.
Professional Analyst Ratings for Alibaba Gr Hldgs
1 market experts have recently issued ratings for this stock, with a consensus target price of $130.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Alibaba Gr Hldgs, targeting a price of $130.
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 Hldgs, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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