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