tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mixed options sentiment in Alibaba with shares down 1.93%

Mixed options sentiment in Alibaba (BABA), with shares down $2.36 near $119.79. Options volume roughly in line with average with 131k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.33. Implied volatility (IV30) dropped 1.18 near 41.34,and above the 52wk median, suggesting an expected daily move of $3.12. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Alibaba (BABA) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1