Whales with a lot of money to spend have taken a noticeably bullish stance on Alibaba Gr Hldgs.

Looking at options history for Alibaba Gr Hldgs (NYSE:BABA) we detected 14 trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 35% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $436,554 and 8, calls, for a total amount of $483,254.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $70.0 to $125.0 for Alibaba Gr Hldgs during the past quarter.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of Alibaba Gr Hldgs stands at 4850.79, with a total volume reaching 4,001.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Alibaba Gr Hldgs, situated within the strike price corridor from $70.0 to $125.0, throughout the last 30 days.

Alibaba Gr Hldgs Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

About Alibaba Gr Hldgs

Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume. It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). The China commerce retail division is the most valuable cash flow-generating business at Alibaba. Additional revenue sources include China commerce wholesale, international commerce retail/wholesale, local consumer services, cloud computing, digital media and entertainment platforms, Cainiao logistics services, and innovation initiatives/other.

Current Position of Alibaba Gr Hldgs

• With a trading volume of 2,043,068, the price of BABA is down by -1.78%, reaching $87.76.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 78 days from now.

Professional Analyst Ratings for Alibaba Gr Hldgs

Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $114.75.

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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access.* Maintaining their stance, an analyst from Mizuho continues to hold a Outperform rating for Alibaba Gr Hldgs, targeting a price of $113. * An analyst from Benchmark has revised its rating downward to Buy, adjusting the price target to $118. * An analyst from Benchmark downgraded its action to Buy with a price target of $118. * An analyst from Baird has decided to maintain their Outperform rating on Alibaba Gr Hldgs, which currently sits at a price target of $110.

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