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Alibaba Gr Holding Unusual Options Activity
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Alibaba Gr Holding Unusual Options Activity
Apr 2, 2024 9:40 AM

Investors with a lot of money to spend have taken a bullish stance on Alibaba Gr Holding .

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BABA, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 50 uncommon options trades for Alibaba Gr Holding.

This isn't normal.

The overall sentiment of these big-money traders is split between 52% bullish and 48%, bearish.

Out of all of the special options we uncovered, 22 are puts, for a total amount of $2,090,788, and 28 are calls, for a total amount of $1,450,645.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $60.0 to $220.0 for Alibaba Gr Holding during the past quarter.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Alibaba Gr Holding's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Alibaba Gr Holding's significant trades, within a strike price range of $60.0 to $220.0, over the past month.

Alibaba Gr Holding Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
BABA PUT SWEEP BEARISH 12/19/25 $147.2 $145.05 $147.2 $220.00 $883.2K 0 60
BABA PUT SWEEP BULLISH 05/17/24 $1.99 $1.92 $1.99 $70.00 $268.2K 20.5K 9
BABA CALL TRADE BEARISH 10/18/24 $16.6 $16.35 $16.35 $60.00 $163.5K 85 200
BABA CALL TRADE BEARISH 10/18/24 $16.6 $16.2 $16.3 $60.00 $163.0K 85 100
BABA CALL TRADE BEARISH 12/20/24 $7.15 $6.9 $7.0 $80.00 $135.8K 3.7K 14

About Alibaba Gr Holding

Alibaba ( BABA ) 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 ( BABA ). 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.

In light of the recent options history for Alibaba Gr Holding, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Current Position of Alibaba Gr Holding

Trading volume stands at 7,331,447, with BABA's price down by -1.05%, positioned at $72.6.

RSI indicators show the stock to be may be approaching overbought.

Earnings announcement expected in 44 days.

What Analysts Are Saying About Alibaba Gr Holding

Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $95.0.

An analyst from Mizuho has decided to maintain their Buy rating on Alibaba Gr Holding, which currently sits at a price target of $95.

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 Holding options trades with real-time alerts from Benzinga Pro.

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