Alibaba (NYSE: BABA) – This is what the whales are betting on Alibaba Group Holding

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

Looking at the option history for Alibaba Group Holding (NYSE: BABA), we detected 35 strange transactions.

If we consider the specifics of each trade, it is correct to state that 34.29% of investors opened trades with bullish expectations and 65.71% with bearish expectations.

Out of all the transactions identified, 13 are put options, for a total amount of $ 979,159 and 22, calls, for a total amount of $ 1,165,338.

What is the target price?

Considering the volume and open interest on these contracts, it appears Whales have been targeting a price range of $ 120.0 to $ 250.0 for Alibaba Group Holding over the past 3 months.

Development of volume and open interest

Examining volume and open interest is an insightful way to conduct a due diligence on a stock.

This data can help you track the liquidity and interest of Alibaba Group Holding options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and options, respectively, for the entire whale business of Alibaba Group Holding within a strike price range of 120 , $ 0 to $ 250.0 in the last 30 days.

Alibaba Group Holding Volume of options and open interest during the last 30 days

The biggest options spotted:

symbol PLACE / CALL Type of business Feeling Exp. Dated Strike price Total trade price Open interest Volume
BABA CALL TO SWEEP UP BULLISH 03/18/22 $ 180.00 $ 271.4K 5.6K 238
BABA TO PUT TO SWEEP UP NEUTRAL 04/14/22 $ 200.00 $ 178.8K 104 50
BABA TO PUT TO SWEEP UP NEUTRAL 11/19/21 $ 215.00 $ 169.8K 262 38
BABA TO PUT TO SWEEP UP NEUTRAL 11/19/21 $ 200.00 $ 147.7K 9.4K 55
BABA TO PUT TO SWEEP UP DECREASE 12/17/21 $ 160.00 $ 119.5K 4.4K 311

What is the current position of the Alibaba group?

  • With a volume of 5,432,793, the price of BABA is down -0.16% to $ 166.55.
  • RSI indicators suggest that the underlying stock is currently neutral between overbought and oversold.
  • The next results should be published in 3 days.

What experts say about Alibaba Group Holding:

  • Barclays lowered its stock to Overweight with a price target of $ 275.0

Options are a riskier asset compared to just trading in stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator and closely following the markets.

If you’re already an options trader or want to get started, head over to Benzinga Pro. Benzinga Pro gives you up-to-date news and analysis to strengthen your investing and trading strategy.

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