Looking At Alibaba Gr Holding's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent unusual options activity for Alibaba Gr Holding (NYSE:BABA) indicates a significant interest from big-money investors, with a mix of bullish and bearish sentiments. The options trades include 50 calls and 11 puts, with a total trade value of over $6 million. Analysts maintain a positive outlook with an average target price of $111.0.
May 23, 2024 | 5:16 pm
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Recent unusual options activity for Alibaba Gr Holding (NYSE:BABA) shows significant interest from big-money investors, with 50 calls and 11 puts traded. Analysts maintain a positive outlook with an average target price of $111.0.
The significant volume of options trades, particularly the higher number of calls, suggests bullish sentiment among big-money investors. Additionally, analysts' positive ratings and target prices support a likely upward movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100