NEW YORK: Alibaba Group Holding Ltd's shares do not begin trading until Friday, so investors hungry for a bite of the Chinese e-commerce giant have turned their attention to Yahoo Inc's options in recent days.
The volume of options trading in Yahoo – which has a big stake in Alibaba – has risen steadily over the last month. On Thursday, a day before Alibaba's debut on the New York Stock Exchange, options trading peaked with more than 929,000 contracts changing hands.
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