A Closer Look at Alibaba Gr Holding's Options Market Dynamics

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

Looking at options history for Alibaba Gr Holding BABA we detected 42 trades.

If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 59% with bearish.

From the overall spotted trades, 13 are puts, for a total amount of $818,568 and 29, calls, for a total amount of $2,292,145.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $5.0 to $130.0 for Alibaba Gr Holding over the last 3 months.

Volume & Open Interest Development

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 $5.0 to $130.0, over the past month.

Alibaba Gr Holding Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

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%).

Alibaba Gr Holding's Current Market Status

• Trading volume stands at 11,548,637, with BABA's price down by -0.95%, positioned at $71.45.
• RSI indicators show the stock to be may be oversold.
• Earnings announcement expected in 73 days.

What Analysts Are Saying About Alibaba Gr Holding

5 market experts have recently issued ratings for this stock, with a consensus target price of $127.0.

• An analyst from JP Morgan persists with their Overweight rating on Alibaba Gr Holding, maintaining a target price of $125.
• An analyst from Truist Securities persists with their Buy rating on Alibaba Gr Holding, maintaining a target price of $120.
• An analyst from Morgan Stanley downgraded its action to Equal-Weight with a price target of $90.
• An analyst from Benchmark has revised its rating downward to Buy, adjusting the price target to $150.
• Consistent in their evaluation, an analyst from Susquehanna keeps a Positive rating on Alibaba Gr Holding with a target price of $150.

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.