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Whales with a lot of money to spend have taken a noticeably bearish stance on Alcoa. Looking at options history for Alcoa (NYSE:AA) we detected 8 trades. If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 50% with bearish. From the overall spotted trades, 4 are puts, for a total amount of $267,629 and 4, calls, for a total amount of $216,742. What’s The Price Target?Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $30.0 to $55.0 for Alc…

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