Deep-pocketed investors have adopted a bearish approach towards Alibaba Gr Holding 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 20 extraordinary options activities for Alibaba Gr Holding. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 40% leaning bullish and 60% bearish. Among these notable options, 7 are puts, totaling $452,170, and 13 are calls, amounting to $1,603,237.
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 $65.0 to $80.0 for Alibaba Gr Holding over the last 3 months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Alibaba Gr Holding stands at 10261.2, with a total volume reaching 5,457.00. 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 $65.0 to $80.0, throughout the last 30 days.
Alibaba Gr Holding Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| BABA | CALL | TRADE | BEARISH | 03/21/25 | $80.00 | $500.0K | 64 | 0 |
| BABA | CALL | TRADE | BULLISH | 07/19/24 | $80.00 | $410.0K | 12.7K | 5 |
| BABA | CALL | SWEEP | BULLISH | 06/21/24 | $80.00 | $169.0K | 39.5K | 9 |
| BABA | PUT | SWEEP | BEARISH | 06/20/25 | $65.00 | $106.5K | 3.0K | 25 |
| BABA | PUT | SWEEP | BULLISH | 06/20/25 | $65.00 | $105.7K | 3.0K | 325 |
About Alibaba Gr Holding
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 Holding
- With a volume of 2,053,108, the price of BABA is up 0.01% at $73.43.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 59 days.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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