Mixed options sentiment in Alibaba (BABA), with shares down $3.67 near $143.43. Options volume roughly in line with average with 157k contracts traded and calls leading puts for a put/call ratio of 0.52, compared to a typical level near 0.36. Implied volatility (IV30) dropped 1.73 near 40.9,and below the 52wk median, suggesting an expected daily move of $3.70. Put-call skew steepened, indicating increased demand for downside protection.
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>>
Read More on BABA:
- Alibaba price target raised to $178 from $165 at Jefferies
- Ant Digital unit linking $8.4B energy assets to blockchain, Bloomberg reports
- Alibaba (BABA) Sparks AI Battle in China’s Lifestyle Market with its ‘Amap’ App
- Meta Just Exposed a Major AI Testing Flaw. Are the Top Models Cheating?
- Alibaba Stock Forecast: AI Analyst Backs Bullish Case for BABA