Eight minutes before close, a trader drop $1.5 million on OTM BABA calls. $145 strike and 3/19/27 expiration.

Investor summaryBullish

A trader bought $1.5M in OTM BABA calls at $145 strike expiring in March 2027 right before market close.

Bull points

A massive $1.5M bet on long-dated OTM calls indicates strong conviction in a significant future price surge.
The 2027 expiration suggests the trader is positioning for a long-term turnaround or major catalyst.

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Discussion · top comments8 selected

Its Burry

u/RationalExuberance7 6· 21d ago

Wow does this mean BABA is up 300% on Monday?

u/BaBaBuyey 5· 21d ago

Guy looking for over 200 by fall ; will 3X his money 💴

u/BaBaBuyey 3· 22d ago

NICE; Tuesday market open….

u/Misaka9615 2· 22d ago

it is an inevitability that baba will rerate much higher but man will it take a long time.

u/handsome_uruk 0· 20d ago

That was me. I figured fat fingered

u/Comfortable_Pen2598 0· 21d ago

Why 145 though?

u/TonyFMontana -2· 21d ago

So we drop more

Baba should trade at book value or less as probably all their earnings are fake