Tag: StockMarket

Unusual Options Activity – Alibaba Group Holding Limited (BABA)

Data Source: barchart

Today some institution/fund purchased 2,530 contracts of June 2022 $190 strike calls (or the right to buy 253,000 shares of Alibaba Group Holding Limited (BABA)at $190).   The open interest was 1,336 prior to this purchase. Continue reading “Unusual Options Activity – Alibaba Group Holding Limited (BABA)”

Be in the know. 15 key reads for Tuesday…

  1. Alibaba and Other Chinese Tech Stocks Are Rallying. Cathie Wood Is Back in the Game. (Barron’s)
  2. China’s Central Bank Vows to Boost Credit Support, Stabilize Money Growth (Bloomberg)
  3. China’s cyberspace regulator lays out two main conditions for companies wanting to go public (CNBC)
  4. Cigna Corp. (CI) Announces $2 Billion Accelerated Stock Repurchase Agreements (Street Insider)
  5. China Tech Stocks Rebound as Cathie Wood Joins Bargain Hunters (Bloomberg)
  6. JD.com (JD) Soars After Adding Record Users in Q2, Goldman’s New PT Implies a Near 100% Upside; Cathie Wood Increases its Stake (StreetInsider)
  7. Chinese tech stocks rally as JD.com and Alibaba surge nearly 9% (CNBC)
  8. These 15 stocks of retailers are expected to rise up to 97% over the next year (MarketWatch)
  9. Goldman Sachs raises odds on U.S. Fed taper announcement in Nov (Reuters)
  10. Morgan Stanley’s Slimmon Says Buy Reopening Before Too Late (Bloomberg)
  11. Didi Suspends International Expansion Over Privacy Concerns. Why the Stock Is Rising. (Barron’s)
  12. Intel Wins Defense Department Contract for Advanced Chips (Barron’s)
  13. Fed Chairman Powell Navigates the Inflation Debate (Wall Street Journal)
  14. New Appetite for Mortgage Bonds That Sidestep Fannie and Freddie (Wall Street Journal)
  15. The World’s Hottest Smartphone Brand Is Chinese—and It Isn’t Huawei (Wall Street Journal)

 

Be in the know. 7 key reads for Monday…

  1. Stocks Stage Recovery as Jackson Hole Week Arrives, with PMI Data Ahead Monday (Barron’s)
  2. White House Doesn’t Want to Destroy Big Tech: Biden Adviser (Barron’s)
  3. Horton Hears a Boom (Wall Street Journal)
  4. Shareholder payouts to hit $1.4 trillion in 2021, nearing pre-pandemic levels (CNBC)
  5. Wall St set to rise on boost from banks, oil (Reuters)
  6. ‘Black Widow’ helps Disney collect $125 million in online revenue (Reuters)
  7. JD.com Revenue Beats Estimates, Defying Chinese Tech Crackdown (Yahoo! Finance)