Smart Money Is Betting Big In BABA Options

Benzinga
2024.10.01 14:31
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Deep-pocketed investors are showing a bullish trend in Alibaba Gr Hldgs (BABA) options, with 40 significant activities tracked by Benzinga. The sentiment is mixed, with 47% bullish and 37% bearish. The expected price range for BABA is between $0.0 to $0.0, with a mean open interest of 4511.0 and total volume of 49,202.00. Currently, BABA is trading at $0.24, up by 2.0%, with an anticipated earnings release in 44 days. Options trading carries higher risks and potential rewards, requiring traders to stay informed and adapt strategies accordingly.