---
title: "Trending | BABA Plummets 6% last Friday, Some Put options Soar 900%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286713182.md"
description: "On May 15, Eastern Time, Alibaba options saw a total of 286559 contracts traded, with calls accounting for 77% and puts making up 22%."
datetime: "2026-05-18T04:26:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286713182.md)
  - [en](https://longbridge.com/en/news/286713182.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286713182.md)
---

# Trending | BABA Plummets 6% last Friday, Some Put options Soar 900%

On May 15, Eastern Time, Alibaba options saw a total of 286559 contracts traded, with calls accounting for 77% and puts making up 22%.

Alibaba has 2257290 contracts outstanding, with calls accounting for 63% and puts making up 36%.

The top volume gainer was the 160 dollars Call option expiring on May 22, 2026, with 13591 contracts traded.

On the news front, Based on recent key news:

1\. May 15, Third Point LLC dissolved its share stake in Alibaba Group, contributing to the stock's decline. The dissolution of shares by a major investment firm often signals a lack of confidence, leading to sell-offs and price drops.

2\. May 15, analysts from CSC Financial and DBS maintained a Buy rating on Alibaba with price targets of HK$208.71 and HK$202.00 respectively. Despite positive ratings, the stock did not appear on MarketBeat's list of top analyst recommendations, which may have influenced investor sentiment negatively.

3\. May 15, Alibaba reported a significant drop in adjusted net profit, down 99.7% year-over-year to less than 100 million RMB. This sharp decline in profitability raised concerns about the company's financial health and future growth prospects.Market sentiment remains cautious amid geopolitical risks and macroeconomic uncertainties.

Please note: The chart below does not include options expiring within five days.

![image](https://assets.lbctrl.com/h5hub/optrank/images/2026-05-18/ST_US_BABA_en.png)

### Related Stocks

- [BABA.US](https://longbridge.com/en/quote/BABA.US.md)
- [09988.HK](https://longbridge.com/en/quote/09988.HK.md)
- [89988.HK](https://longbridge.com/en/quote/89988.HK.md)
- [KBAB.US](https://longbridge.com/en/quote/KBAB.US.md)
- [BABO.US](https://longbridge.com/en/quote/BABO.US.md)
- [BABX.US](https://longbridge.com/en/quote/BABX.US.md)

## Related News & Research

- [Alibaba Files Form 13F as Investment Manager, Highlights WVR Structure](https://longbridge.com/en/news/286686984.md)
- [Golden Web3.0 Daily Report | TON Launches Acton, a Unified Smart Contract Toolchain](https://longbridge.com/en/news/286115692.md)
- [Stock + Option Selling Myth: More Premium Does Not Always Mean a Better Trade](https://longbridge.com/en/news/286649178.md)
- [Should Big Bearish Options Bets After Strong Q1 Results Require Action From Expand Energy (EXE) Investors?](https://longbridge.com/en/news/286805874.md)
- [Nvidia Hit by New Short Report, Culper Cites a "Significant China Problem"](https://longbridge.com/en/news/286319381.md)