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

Deep-pocketed investors have adopted a bullish approach towards Alibaba Gr Hldgs BABA, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BABA usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 57 extraordinary options activities for Alibaba Gr Hldgs. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 63% leaning bullish and 22% bearish. Among these notable options, 12 are puts, totaling $1,417,960, and 45 are calls, amounting to $4,786,267.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $100.0 and $220.0 for Alibaba Gr Hldgs, spanning the last three months.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of Alibaba Gr Hldgs stands at 8318.27, with a total volume reaching 74,228.00. 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 $100.0 to $220.0, throughout the last 30 days.

Alibaba Gr Hldgs Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

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.

Present Market Standing of Alibaba Gr Hldgs

• With a volume of 11,810,183, the price of BABA is up 3.2% at $145.61.
• RSI indicators hint that the underlying stock may be approaching overbought.
• Next earnings are expected to be released in 57 days.

What Analysts Are Saying About Alibaba Gr Hldgs

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $164.0.

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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. * An analyst from Morgan Stanley upgraded its action to Overweight with a price target of $180. * Consistent in their evaluation, an analyst from Baird keeps a Outperform rating on Alibaba Gr Hldgs with a target price of $125. * Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Alibaba Gr Hldgs, targeting a price of $180. * An analyst from JP Morgan persists with their Overweight rating on Alibaba Gr Hldgs, maintaining a target price of $170. * An analyst from Bernstein has elevated its stance to Outperform, setting a new price target at $165.

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