tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mixed options sentiment in Alibaba with shares up 0.56%

Mixed options sentiment in Alibaba (BABA), with shares up 82c, or 0.56%, near $147.94. Options volume roughly in line with average with 164k contracts traded and puts leading calls for a put/call ratio of 1.86, compared to a typical level near 0.65. Implied volatility (IV30) dropped 0.7 near 33.0,in the lowest 10% of observations over the past year, suggesting an expected daily move of $3.08. Put-call skew steepened, indicating increased demand for downside protection.

Claim 50% Off TipRanks Premium and 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