Mixed options sentiment in Alibaba (BABA), with shares down $4.61 near $135.56. Options volume relatively light with 83k contracts traded and calls leading puts for a put/call ratio of 0.54, compared to a typical level near 0.62. Implied volatility (IV30) dropped 0.68 near 44.48,and above the 52wk median, suggesting an expected daily move of $3.80. Put-call skew steepened, indicating increased demand for downside protection.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BABA:
- Alibaba’s AI Bet Ignites Cloud Hopes and Wall Street Buzz
- Mixed options sentiment in Alibaba with shares up 2.55%
- Unitree Announces Free Shipping of Humanoid Robots to the U.S. in New Challenge to Tesla
- Alibaba Stock (BABA) Makes Strides as it Gets Set to Join Quadruped and Humanoid Race
- Alibaba price target lowered to $186 from $190 at Barclays