Sr. Correspondent, Broker Research, Bangalore, India
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Nov 4, 2014
Nov 3, 2014
Nov 3, 2014

Alibaba options traders prepare for greater volatility

NEW YORK, Nov 3 (Reuters) – Alibaba Group
shareholders should get ready for something they haven’t much
seen: volatility.

On Tuesday morning, the Chinese e-commerce heavyweight will
deliver quarterly results, its first since its blockbuster IPO
seven weeks ago, and options market pricing data is signaling a
wilder-than-usual ride for the stock through the rest of the
week.

Nov 3, 2014
Nov 3, 2014
Nov 3, 2014

Sapient options unusually active days before deal news

NEW YORK (Reuters) – An unusually large number of bullish bets were placed on the options of Sapient Corp. (SAPE.O: Quote, Profile, Research, Stock Buzz) just three days before the digital ad specialist announced plans to be acquired for $3.7 billion by French advertising giant Publicis (PUBP.PA: Quote, Profile, Research, Stock Buzz), according to options market data.

Sapient shares jumped 43 percent to $24.73 on Monday after the company said it would be acquired by Publicis. The jump in the stock would result in big paper profits for some well-timed options bets last week, options strategists said.

Nov 3, 2014
Nov 3, 2014
Oct 31, 2014
Oct 31, 2014
    • About Saqib

      "Saqib is Senior correspondent, Broker Research and leads a team of five reporters covering equities research. He previously worked as a producer on the Reuters Global Online desk. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
      2009
      Languages:
      English, Hindi, Bengali
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