Unusual Options Activity in Alibaba (BABA) Targets 5-11% Upside in Shares by October Expiration Following 1Q EPS Beat -Susquehanna
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Get Alerts BABA Hot Sheet
Price: $110.59 -1.84%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
Revenue Growth %: +9.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
Revenue Growth %: +9.2%
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Susquehanna options strategist Alison Edwards notes bullish options activity in Alibaba (NYSE: BABA), an investor purchased ~22,000 Oct 170/185 Call spreads for $4.10, targeting at least 5% further upside, capping themselves at ~11% upside.
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