Data Source: Barchart
On Friday some institution/fund purchased 5,382 contracts of Dec. 2024 $120.00 strike calls (or the right to buy 538,200 shares of Alibaba Group Holding Limited (BABA) at $120.00).
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.
