Alibaba’s Options Trading Signal Rising Optimism Ahead of Earnings
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(Bloomberg) — Alibaba Group Holding Ltd.’s options are flashing positive signs ahead of the Chinese tech company’s June quarter results.
As of Tuesday’s close, a bullish option contract betting on a 5% rally for Alibaba’s Hong Kong-listed shares was quoted at a bigger premium than a bearish contract, according to data compiled by Bloomberg. The volatility skew, a gauge of market positioning and sentiment, has shifted toward the more optimistic side compared to a week ago.

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