Unusual Options Activity – Alibaba Group Holding Limited (BABA)

Data Source: Barchart

On Tuesday some institution/fund purchased 6,014 contracts of Jan. 2027 $150.00 strike calls (or the right to buy 601,400 shares of Alibaba Group Holding Limited (BABA) at $150.00).

Monitoring unusual options activity can be a useful tool. Large amounts of options being traded on a particular stock may provide some valuable insight into what the “smart money” is doing.