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Notable Bullish Options Activity Continues in Alibaba (BABA) Amid Reports of a Deal with Kroger (KR) -Susquehanna

August 14, 2018 1:48 PM

Susquehanna options strategist Alison Edwards notes continued bullish options activity in Alibaba (NYSE: BABA) amid reports of a deal from Dow Jones News with Kroger (NYSE: KR), as an investor bought 4k Dec 180 Calls for up to $12.30. Also, an investor sold Oct 150 (.15d) puts vs. buying the Oct 175/200 call spread 6,100x, paying $4.93. The recent trading has been concentrated in the August through October options, and includes investors recently buying ~40k Oct 180 calls.

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