This Is What Whales Are Betting on Alibaba Group Holding – Alibaba Group Holding (NYSE:BABA)

Anyone who has a lot of money to spend has taken a bearish stance alibaba group holding Dad,

And retail traders should know.

We noticed this today when large positions appeared on the publicly available options history that we track here at Benzinga.

Whether it is some institution or just a wealthy person, we do not know. But when something this big happens to Baba, it often means that someone knows something is about to happen.

So how do we know what this whale just did?

today, benzingaK Options Scanner spotted 47 unusual options trades for Alibaba Group Holding.

this is not normal.

The overall sentiment among these big money traders is split between 27% bullish and 72% bearish.

Of all the exclusive options we have open, 15 are puts, for a total amount of $1,009,560, and 32 are calls, for a total amount of $6,119,944.

What is a price target?

Considering the volume and open interest on these contracts, it appears that whales are targeting a price range of $70.0 to $270.0 for Alibaba Group Holding over the past 3 months.

Volume and Open Interest Development

In terms of liquidity and interest, the average open interest for Alibaba Group Holding options trades today was 5585.47, with a total volume of 135,171.00.

In the following chart, we are able to follow the evolution of the volume and open interest of Call and Put options for Alibaba Group Holding large money trades within the strike price range of $70.0 to $270.0 over the past 30 days.

Alibaba Group Holding Option Volume and Open Interest over the last 30 days

Largest options seen:









sign, symbol put/call business type Rate Exp. Date strike price net trade value open interest amount
Dad Call Business fast 03/17/23 $90.00 $3.2 million 5.8 thousand 6.2K
Dad Call Business recession 01/19/24 $120.00 $910.0K 6.9 thousand 1.3 thousand
Dad Call Business recession 03/17/23 $80.00 $850.0K 18.4k 1.0K
Dad keep Do the sweeping recession 12/16/22 $77.00 $199.7K 708 1.5 thousand
Dad keep Business recession 12/16/22 $80.00 $121.2K 22.1 K 223

Where does Alibaba Group Holding stand now?

  • The BABA price is up 0.59% to $75.94, with a volume of 13,074,567.
  • The RSI indicator is indicating that the underlying stock may be overbought.
  • The next earnings release is expected in 87 days.

What the experts say on Alibaba Group Holding:

  • The benchmark has decided to maintain its Buy rating on Alibaba Group Holding, currently with a price target of $180.
  • Mizuho has decided to maintain its buy rating on Alibaba Group Holding, currently with a price target of $155.
  • HSBC has decided to maintain its Buy rating on Alibaba Group Holding, currently with a price target of $124.
  • Truist Securities has decided to maintain a buy rating on Alibaba Group Holding, currently with a price target of $120.
  • Truist Securities has decided to maintain a buy rating on Alibaba Group Holding, currently with a price target of $125.

Options are a riskier asset than stock trading, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scalping in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay up to date on the latest options trades for Alibaba Group Holding, benzinga pro Provides you with real-time options trade alerts.

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