Alibaba Gr Holding's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Financial analysis of Alibaba Gr Holding (NYSE:BABA) options trading reveals a bearish sentiment among major investors, with 56% displaying bearish tendencies and 43% bullish. The trading activity suggests a price range of $50.0 to $200.0 for BABA over the next three months. The largest trades include both puts and calls with varying sentiments and strike prices. Alibaba, a leading online and mobile commerce company, saw its stock price decrease by -2.38%, with a current price of $71.89. Analysts have mixed ratings on BABA, with target prices ranging from $85 to $135.
February 08, 2024 | 8:45 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Alibaba Gr Holding's options trading shows a bearish trend among investors, with a significant price range prediction. Despite this, analyst ratings offer a mixed outlook with target prices suggesting potential upside.
The bearish sentiment in options trading could indicate short-term price pressure on BABA. However, the wide price range prediction and mixed analyst ratings suggest uncertainty about the stock's direction. The recent dip in stock price and neutral RSI values add to this uncertainty, making it difficult to predict short-term movements confidently.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100