Bullish option flow detected in Alibaba with 70,672 calls trading, 3x expected, and implied vol increasing almost 3 points to 49.22%. 3/31 weekly 90 calls and 3/24 weekly 88 calls are the most active options, with total volume in those strikes near 15,800 contracts. The Put/Call Ratio is 0.18. Earnings are expected on May 25th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on BABA: