What Are Whales Doing With Alibaba Group Holding

A whale with a lot of money to spend has taken a noticeably bullish stance on Alibaba Group Holding.

Looking at options history for Alibaba Group Holding BABA we detected 28 strange trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $270,020 and 22, calls, for a total amount of $1,354,106.

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 $50.0 to $150.0 for Alibaba Group Holding over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Alibaba Group Holding'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 Group Holding's whale trades within a strike price range from $50.0 to $150.0 in the last 30 days.

Alibaba Group Holding Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
BABA CALL SWEEP BULLISH 05/27/22 $92.00 $224.1K 1.0K 503
BABA CALL TRADE BULLISH 01/19/24 $150.00 $123.5K 5.6K 207
BABA CALL TRADE BULLISH 01/20/23 $85.00 $104.7K 1.6K 150
BABA PUT SWEEP BEARISH 01/19/24 $80.00 $92.5K 3.6K 26
BABA CALL SWEEP BEARISH 05/20/22 $91.00 $80.4K 1.2K 432

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
BABA CALL SWEEP BULLISH 05/27/22 $92.00 $224.1K 1.0K 503
BABA CALL TRADE BULLISH 01/19/24 $150.00 $123.5K 5.6K 207
BABA CALL TRADE BULLISH 01/20/23 $85.00 $104.7K 1.6K 150
BABA PUT SWEEP BEARISH 01/19/24 $80.00 $92.5K 3.6K 26
BABA CALL SWEEP BEARISH 05/20/22 $91.00 $80.4K 1.2K 432

Where Is Alibaba Group Holding Standing Right Now?

  • With a volume of 3,513,126, the price of BABA is down -2.1% at $90.06.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 8 days.

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 {d[company_name]}, Benzinga Progives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets