Smart Money Is Betting Big In BABA Options

Financial giants have made a conspicuous bearish move on Alibaba Gr Holding. Our analysis of options history for Alibaba Gr Holding BABA revealed 14 unusual trades.

Delving into the details, we found 35% of traders were bullish, while 57% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $215,520, and 11 were calls, valued at $1,005,920.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $73.0 to $180.0 for Alibaba Gr Holding over the last 3 months.

Volume & Open Interest Trends

In today's trading context, the average open interest for options of Alibaba Gr Holding stands at 6720.9, with a total volume reaching 12,396.00. 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 $73.0 to $180.0, throughout the last 30 days.

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

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
BABA CALL SWEEP BULLISH 01/17/25 $2.81 $2.8 $2.8 $110.00 $477.4K 24.2K 1
BABA CALL SWEEP BULLISH 08/16/24 $6.6 $6.45 $6.6 $80.00 $151.1K 2.9K 275
BABA PUT SWEEP BULLISH 05/17/24 $0.9 $0.72 $0.74 $75.00 $74.9K 15.1K 11
BABA PUT SWEEP BULLISH 05/24/24 $2.28 $2.03 $2.02 $78.00 $70.7K 1.1K 0
BABA PUT SWEEP NEUTRAL 06/20/25 $102.5 $97.6 $99.83 $180.00 $69.8K 0 0

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.

Following our analysis of the options activities associated with Alibaba Gr Holding, we pivot to a closer look at the company's own performance.

Alibaba Gr Holding's Current Market Status

  • With a volume of 1,804,575, the price of BABA is up 0.77% at $80.07.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 4 days.

Professional Analyst Ratings for Alibaba Gr Holding

Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $113.0.

  • An analyst from Truist Securities persists with their Buy rating on Alibaba Gr Holding, maintaining a target price of $113.

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.

Market News and Data brought to you by Benzinga APIs
Date of Trade
Strike Price
Posted In: OptionsMarketsBZI-UOA
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