Looking At Alibaba Gr Holding's Recent Unusual Options Activity

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

Looking at options history for Alibaba Gr Holding BABA we detected 93 strange trades.

If we consider the specifics of each trade, it is accurate to state that 39% of the investors opened trades with bullish expectations and 60% with bearish.

From the overall spotted trades, 47 are puts, for a total amount of $4,817,476 and 46, calls, for a total amount of $1,870,425.

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 $30.0 to $265.0 for Alibaba Gr 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 Gr 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 Gr Holding's whale trades within a strike price range from $30.0 to $265.0 in the last 30 days.

Alibaba Gr 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 PUT TRADE BULLISH 01/19/24 $230.00 $628.5K 0 44
BABA PUT TRADE NEUTRAL 01/19/24 $265.00 $426.8K 0 24
BABA PUT TRADE BULLISH 06/20/25 $150.00 $311.1K 60 51
BABA PUT TRADE NEUTRAL 03/15/24 $85.00 $280.0K 3.0K 938
BABA PUT TRADE BEARISH 06/21/24 $220.00 $212.6K 0 16

Where Is Alibaba Gr Holding Standing Right Now?

  • With a volume of 8,898,926, the price of BABA is down -0.06% at $87.02.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 59 days.

What The Experts Say On Alibaba Gr Holding:

  • Susquehanna downgraded its action to Positive with a price target of $160

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.

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BABAAlibaba Group Holding Ltd
$119.55-0.98%

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Momentum
93.47
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Quality
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Value
82.28
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