Thursday, 23 March 2023

Business News

Alibaba call volume above normal and directionally bullish – TipRanks Financial Blog

Alibaba says 2022 Singles Day 'in line with last year's GMV,' Reuters reports

Bullish option flow detected in Alibaba with 128,879 calls trading, 1.2x expected, and implied vol increasing over 1 point to 48.08%. Mar-23 82 calls and Mar-23 80 puts are the most active options, with total volume in those strikes near 28,900 contracts. The Put/Call Ratio is 0.37. Earnings are expected on May 25th.

Published first on TheFly

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