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

Looking at options history for Alibaba Gr Hldgs (NYSE:BABA) we detected 34 trades.

If we consider the specifics of each trade, it is accurate to state that 47% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 14 are puts, for a total amount of $1,153,740 and 20, calls, for a total amount of $2,196,217.

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 $10.0 to $200.0 for Alibaba Gr Hldgs over the last 3 months.

Insights into Volume & Open Interest

In today's trading context, the average open interest for options of Alibaba Gr Hldgs stands at 6496.19, with a total volume reaching 8,856.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Alibaba Gr Hldgs, situated within the strike price corridor from $10.0 to $200.0, throughout the last 30 days.

Alibaba Gr Hldgs Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

About Alibaba Gr Hldgs

Alibaba 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. 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.

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

Where Is Alibaba Gr Hldgs Standing Right Now?

• Currently trading with a volume of 3,016,547, the BABA's price is down by -0.15%, now at $134.94.
• RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
• Anticipated earnings release is in 50 days.

Expert Opinions on Alibaba Gr Hldgs

A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $178.33.

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