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Spotlight on Alibaba Gr Hldgs: Analyzing the Surge in Options Activity

Benzinga ·  01:31

Financial giants have made a conspicuous bearish move on Alibaba Gr Hldgs. Our analysis of options history for Alibaba Gr Hldgs (NYSE:BABA) revealed 22 unusual trades.

Delving into the details, we found 36% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $126,900, and 20 were calls, valued at $1,652,468.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $75.0 and $125.0 for Alibaba Gr Hldgs, spanning the last three months.

Volume & Open Interest Trends

In terms...

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