Trending | BABA Surges 10% on Monday, Some Call options Soar 6900%
Complete. Here is the key summaryOn January 12, Eastern Time, Alibaba options saw a total of 208819 contracts traded, with calls accounting for 47% and puts making up 52%.
On January 12, Eastern Time, Alibaba options saw a total of 208819 contracts traded, with calls accounting for 47% and puts making up 52%.
Alibaba has 2884767 contracts outstanding, with calls accounting for 59% and puts making up 40%.
The top volume gainer was the 170 dollars Call option expiring on January 16, 2026, with 38583 contracts traded.
On the news front, Based on recent key news:
1. Jan 13, Alibaba's stock surged due to strong gains in its cloud business and AI initiatives, reflecting rising confidence in its tech advancements. Shares climbed 53% over six months. Source: MarketWatch
2. Jan 12, Alibaba's AI-driven cloud expansion and increased capital expenditure were highlighted by analysts, predicting a 30% CAGR in cloud revenue. Source: CICC
3. Jan 11, Analysts maintained a Buy rating with price targets between HK$180.40 and HK$218.00, supporting positive sentiment. Source: Jefferies, Huatai SecuritiesTech sector shows strong growth potential.
Please note: The chart below does not include options expiring within five days.
