Alibaba Stock Rally Sparks Heavy Options Volume

U.S.-listed shares of Alibaba Group Holding Ltd (NYSE:BABA) are 6.6% higher at $110.47 at last check. The rally comes after the Trump administration delayed the suspension of the de minimis provision, which gives packages valued at less than $800 the ability to enter the U.S. duty-free, mostly benefiting low-cost Chinese shopping platforms.Looking ahead, Alibaba is set to report earnings before the market opens on Thursday, Feb. 20. The stock hasn’t had the best post-earnings track record, closing lower aft ...