Behind the Scenes of Alibaba Gr Holding's Latest Options Trends

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 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, 6 are puts, for a total amount of $1,770,941 and 8, calls, for a total amount of $776,629.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $45.0 to $135.0 for Alibaba Gr Holding during the past quarter.

Insights into Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Alibaba Gr Holding'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 Holding's whale activity within a strike price range from $45.0 to $135.0 in the last 30 days.

Alibaba Gr Holding Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

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

• Trading volume stands at 1,050,224, with BABA's price down by -0.46%, positioned at $72.0.
• RSI indicators show the stock to be may be oversold.
• Earnings announcement expected in 76 days.

What Analysts Are Saying About 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 $125.0.

• An analyst from Susquehanna has decided to maintain their Positive rating on Alibaba Gr Holding, which currently sits at a price target of $150.
• Reflecting concerns, an analyst from Benchmark lowers its rating to Buy with a new price target of $150.
• Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Alibaba Gr Holding, targeting a price of $125.
• Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for Alibaba Gr Holding, targeting a price of $110.
• In a cautious move, an analyst from Morgan Stanley downgraded its rating to Equal-Weight, setting a price target of $90.

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.