Alibaba Gr Holding's Options: A Look at What the Big Money is Thinking

Financial giants have made a conspicuous bearish move on Alibaba Gr Holding. Our analysis of options history for Alibaba Gr Holding BABA revealed 95 unusual trades.

Delving into the details, we found 43% of traders were bullish, while 56% showed bearish tendencies. Out of all the trades we spotted, 46 were puts, with a value of $5,561,413, and 49 were calls, valued at $3,085,723.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $200.0 for Alibaba Gr Holding over the recent three months.

Volume & Open Interest Development

In today's trading context, the average open interest for options of Alibaba Gr Holding stands at 10252.07, with a total volume reaching 90,524.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Alibaba Gr Holding, situated within the strike price corridor from $50.0 to $200.0, throughout the last 30 days.

Alibaba Gr Holding Option Volume And Open Interest Over 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%).

After a thorough review of the options trading surrounding Alibaba Gr Holding, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is Alibaba Gr Holding Standing Right Now?

• With a trading volume of 27,766,495, the price of BABA is down by -2.38%, reaching $71.89.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 98 days from now.

What The Experts Say On Alibaba Gr Holding

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $101.08.

• Reflecting concerns, an analyst from Macquarie lowers its rating to Neutral with a new price target of $85.
• An analyst from Mizuho persists with their Buy rating on Alibaba Gr Holding, maintaining a target price of $95.
• Maintaining their stance, an analyst from Baird continues to hold a Outperform rating for Alibaba Gr Holding, targeting a price of $90.
• Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for Alibaba Gr Holding, targeting a price of $135.
• Maintaining their stance, an analyst from Mizuho continues to hold a Buy rating for Alibaba Gr Holding, targeting a price of $100.

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.