Yahoo Bulls Not Waiting For Alibaba Ipo

By David Russell of OptionMonster NEW YORK -- OptionMonster's tracking systems yesterday detected the purchase of 20,000 September 40 calls for 75 cents and the sale of an equal number of September 45 calls for 20 cents. Volume surpassed the previous open interest in each strike, which indicates that new money was put to work. Owning calls locks in the price where the Internet stock can be bought, while writing them obligates the investor to sell shares if they reach a certain level.

Topics:  david russell   new york    optionmonster   owning   april   chinese   ipo   russell   b thestreet ratings team   yahoo inc yhoo    buy this   compared   ratings report   internet    russell   optionmonster   september   yahoo   alibaba   yhoo   thestreet ratings   yahoo inc   buy   thestreet ratings team    the    yhoo    net   click   price   profit   company   average   industry   higher   calls   strengths   year   margin   cash   stock   flow   cents   performance   yesterday   levels   gross   cover   results   solid   rate   ratio   high   investor   feel   analysis   share   drive   level   reasonable   growth   investors   spread   multiple   view   market   volume   
BING NEWS:
  • Alibaba: Nothing Has Changed To Make Buys Compelling
    Alibaba continues to be a value trap without a good catalyst to mark a turnaround in the gradual underperformance of its stock. See why BABA is a Hold.
    06/14/2024 - 12:34 am | View Link
  • Alibaba: Don't Buy Fair Businesses At Wonderful Prices
    I do not view Alibaba as the wonderful business it used to be, given the policy change. Read more to see an overview and analysis of BABA stock.
    06/13/2024 - 4:58 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News