18 Point Thread on Alibaba Developments.

The last few points are the most important so make sure you see all 18 points in the thread.

If you can’t find any of the 18 points, they are all posted individually under my profile here:

https://twitter.com/HedgeFundTips

Be in the know. 38 key reads for Friday…

  1. China Plans Reprieve for Tech Giants, Including Delaying New Rules, as Economy Slows (wsj)
  2. Alibaba, JD.com Jump as China Pledges Stimulus to Rescue Economy (bloomberg)
  3. China’s Politburo Ignites Market Rally With Vows on Growth (bloomberg)
  4. China and U.S. Negotiate On-Site Audit Checks as Delistings Loom (bloomberg)
  5. China in ‘deep crisis’, says Hong Kong private equity chief (ft)
  6. This Is How a Locked-Down Shanghai Apartment Gets Food (bloomberg)
  7. Chinese Stocks Surge After Beijing Vows New Tools, Policies To Spur Growth (zerohedge)
  8. Covid Cases Rolling Over In China. (zerohedge)
  9. Nomura Warns Of “Huge Fodder For Mechanical Short Squeeze” As ‘Event Risks’ Clear (zerohedge)
  10. 12 Questions for Warren Buffett at Berkshire Hathaway’s Annual Meeting (barrons)
  11. Cruising Is Back. Time for Investors to Take a Plunge? (barrons)
  12. Europe Is Stepping Up Its Defense Spending. This Company Stands to Profit. (barrons)
  13. The Travel Boom: Which Companies Will Leave the Gate First (barrons)
  14. ‘So bad, it’s good.’ This beleaguered stock market has one big asset on its side, say strategists. (marketwatch)
  15. Amazon Stock Sinks. But This Part of the Business Could Help Shares Fly Again. (barrons)
  16. Bridgewater’s first major European short in two years is $12m bet against oil tanker firm Euronav (fnlondon)
  17. Exxon Stock Slips on Earnings Miss. Quarter Includes $3.4 Billion of Russia Charges. (barrons)
  18. Fed-favored inflation gauge shows signs of a cooldown in price increases in the U.S. (marketwatch)
  19. America’s CEOs are signaling they don’t expect a long bear market in stocks (marketwatch)
  20. I-bonds are all the rage — what’s the best way to use them? (marketwatch)
  21. Opinion: Warren Buffett’s investing prowess will go on forever after researchers cracked his investing code (marketwatch)
  22. Auto Giant Magna Crushes Earnings but the Stock’s Down. There Aren’t Enough Cars. (barrons)
  23. Consumer Spending Rose in March (wsj)
  24. Supply disruptions weighed on the economy, but consumers and businesses continue to spend (wsj)
  25. As Europe Thirsts for Natural Gas, U.S., EU Signal Support for Long-Term Deals (wsj)
  26. Shanghai Uses Crowdsourcing to Survive Covid-19 Lockdown as Social Support Breaks Down (wsj)
  27. The GDP Mirage (wsj)
  28. Intel CEO Sees Chip Shortage Lasting Into 2024 (wsj)
  29. Biden Seeks New Aid for Ukraine as Russia Makes Slow Progress in Seizing East (wsj)
  30. A Heart-Pounding Supercar Aims to Upend How Cars Are Built (nytimes)
  31. Powell Seen Slowing Rate Hikes After May and June Front-Loading (bloomberg)
  32. Bank of America’s Hartnett Sees ‘Pain and Exit’ If S&P 500 Dips Below 4,000 (bloomberg)
  33. Mark Cuban says TikTok is ‘the future of sports media’ — here’s why (cnbc)
  34. Jefferies: A recession won’t happen immediately. A chief economist shares 37 stocks poised for gains in a market where investors are being too defensive. (businessinsider)
  35. Berkshire Hathaway’s annual meeting is here: What to expect from Warren Buffett and Charlie Munger (cnbc)
  36. Baidu Gets Green Light for Autonomous Beijing Taxis, Premier Li Highlights Internet Companies (chinalastnight)
  37. exclusive | China to end tech clampdown as economy slows: sources (scmp)

Unusual Options Activity – Alibaba Group Holding Limited (BABA)

Data Source: barchart

Today some institution/fund purchased 2,808 contracts of March $150 strike calls (or the right to buy 280,800 shares of Alibaba Group Holding Limited (BABA) at $150). The open interest was just 685 prior to this purchase. Continue reading “Unusual Options Activity – Alibaba Group Holding Limited (BABA)”