BABA Alibaba Group Holding Limited Options Ahead of Earnings

١٣ أغسطس

If you haven`t bought the dip on BABA:

Now analyzing the options chain and the chart patterns of BABA Alibaba Group Holding Limited prior to the earnings report this week,
I would consider purchasing the 85usd strike price Calls with
an expiration date of 2024-9-20,
for a premium of approximately $2.38.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

١٩ أغسطس

أغلقت الصفقة: تم الوصول للهدف

BABA traded at $84.90 today, after earnings, and the Calls went up from $2.38 (when I wrote this article) to $2.85, for a modest 20% so far.