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

Looking at options history for Alibaba Gr Hldgs (NYSE:BABA) we detected 36 trades.

If we consider the specifics of each trade, it is accurate to state that 52% of the investors opened trades with bullish expectations and 41% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $121,650 and 34, calls, for a total amount of $1,609,764.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $80.0 to $150.0 for Alibaba Gr Hldgs over the recent three months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Alibaba Gr Hldgs's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Alibaba Gr Hldgs's whale activity within a strike price range from $80.0 to $150.0 in the last 30 days.

Alibaba Gr Hldgs Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

About Alibaba Gr Hldgs

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

Alibaba Gr Hldgs's Current Market Status

• Currently trading with a volume of 6,952,617, the BABA's price is down by -2.6%, now at $89.92.
• RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
• Anticipated earnings release is in 57 days.

Expert Opinions on Alibaba Gr Hldgs

4 market experts have recently issued ratings for this stock, with a consensus target price of $119.75.

Unusual Options Activity Detected: Smart Money on the Move

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Alibaba Gr Hldgs options trades with real-time alerts from Benzinga Pro.