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Smart Money Is Betting Big In BABA Options

Benzinga ·  May 2 10:19

Deep-pocketed investors have adopted a bearish approach towards Alibaba Gr Holding (NYSE:BABA), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BABA usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 22 extraordinary options activities for Alibaba Gr Holding. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 27% leaning bullish...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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