Previous close | 1.5000 |
Open | 1.3000 |
Bid | 1.3100 |
Ask | 1.4300 |
Strike | 50.00 |
Expiry date | 2023-03-17 |
Day's range | 1.3000 - 1.3000 |
Contract range | N/A |
Volume | |
Open interest | 839 |
Inflation data is coming in better than expected and the Street had some positive sentiment on Alibaba.
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NEW YORK (Reuters) -SoftBank Group Corp is set to post a gain of $34.1 billion by reducing its stake in Alibaba Group Holding from 23.7% to 14.6%. But the Japanese conglomerate will not sell its shares directly in the market. It is using a complex security called "prepaid forward contracts," which is a derivative largely used by investors.