Data Source: Barchart
On Wednesday some institution/fund purchased 10,733 contracts of Dec. 2024 $110.00 strike calls (or the right to buy 1,073,300 shares of Alibaba Group Holding Limited (BABA) at $110.00).
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.
