Options Market Statistics: Traders Purchase Large Volume of Calls on Alibaba
News Highlights
$Tesla (TSLA.US)$ shares edged lower by 0.25%, with option volume of 2.01 million, and calls accounted for 54.6%.
$Microsoft (MSFT.US)$ shares edged higher by 2.55%, with option volume of 0.58 million, and calls accounted for 59.6%.
Morgan Stanley analyst Keith Weiss reiterates an Overweight rating on $Microsoft(MSFT.US)$with a $307 price target. Weiss highlights that the MS AlphaWise CIO Survey suggests stable IT spending and favorable Microsoft-specific fundamentals.
$Meta Platforms (META.US)$ shares rose by 2.18%, with option volume of 0.58 million, and calls accounted for 64.0%. Calls are outnumbering puts at a 2:1 ratio.
UBS raises Meta Platforms' price target to $280 from $235, maintains Buy rating.
$Alibaba (BABA.US)$ shares rose by 4.25%, with option volume of 0.45 million, and calls accounted for 79.2%. Calls are outnumbering puts at a 3:1 ratio.
Alibaba Group Holding's restructuring of its organizational and governance structure should help its units to respond faster to market changes and competition, according to a note by Fitch Ratings.
Unusual Stock Options Activity
Daily Active Index & Sector ETF Options
Source: Benzinga, Dow Jones, CNBC
Disclaimer: Options trading entails significant risk and is not appropriate for all investors. Certain complex option strategy carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Option.This article is for information and illustrative purposes only, and is not a promotion of option trading or a recommendation of any of the specific option mentioned above.
Source: Benzinga, WSJ
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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ChiZ : Hello, great report. I just noticed it. What time are you sending this normally? Are you also sending any pre-market daily report or are aware of a good one? Thank you so much for your help.
73408793 ChiZ : whaleyalan40@gmail.com
73408793 ChiZ : 56@Analysts Notebook@Alpha Moo@brina5eva@boop2cute@Chatterbox Moo@DommDom@Investing with moomoo@jemsationz@jonny420@Moomoo Recap US@Moomoo Breakfast US@Meta Moo@Moo Earnings@Mooers Radar@Popular on moomoo@Traders Mumble@102898102@102796979611 611