I opened 5 lot(s) $BABA 202405

I opened 5 lot(s) $BABA 20240517 70.0 PUT$ ,Entered into this short put trade to build a strangle position since I already have a short call position at 100 strike, min margin required to generate annualised ROI >20%. I also don’t mind having it assigned if it falls below 70 this Friday. Earnings disappointment mainly due to mark-to-market losses on public-listed investments, seem to be over reaction as China stock market has been performing well since April.

BABA PUT

05-15 01:01

US20240517 70.0

Side	Price \| Filled	Realized P&L
Sell Open	0.02 5Lot(s)	-- Closed

Alibaba

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Comments

KittyBruno
05-15
KittyBruno
Nice strategy there! Sincerely hope it works out for you. 🤞🏼
- waikin11:
  thank you for your kind comment :)
SullivanRrr
05-15
SullivanRrr
Tencent better than Ali imo
- waikin11:
  i dont disagree with you but Tencent option is not available in the US market
AfraSimon
05-15
AfraSimon
Even if the stock falls below 70, you're open to assignment.
- waikin11:
  yes, 70 is a good entry point, business performance is solid. Markk-to-market losses is just book losses unless the manangement decides to realise it which i dont think so.
waikin11
05-16
waikin11
//@Moah:
Great ariticle, would you like to share it?
Moah
05-16
Moah
Great ariticle, would you like to share it?
Shenpwe
05-15
Shenpwe
👍

Leave a comment

174

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Earnings disappointment mainly due to mark-to-market losses on public-listed investments, seem to be over reaction as China stock market has been performing well since April.</body></html>","htmlText":"<html><head></head><body>I opened 5 lot(s) <a href=\"https://ttm.financial/OPT/BABA 20240517 70.0 PUT\">$BABA 20240517 70.0 PUT$&nbsp;</a> ,Entered into this short put trade to build a strangle position since I already have a short call position at 100 strike, min margin required to generate annualised ROI &gt;20%. I also don’t mind having it assigned if it falls below 70 this Friday. Earnings disappointment mainly due to mark-to-market losses on public-listed investments, seem to be over reaction as China stock market has been performing well since April.</body></html>","text":"I opened 5 lot(s) $BABA 20240517 70.0 PUT$ ,Entered into this short put trade to build a strangle position since I already have a short call position at 100 strike, min margin required to generate annualised ROI >20%. I also don’t mind having it assigned if it falls below 70 this Friday. 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Sincerely hope it works out for you. 🤞🏼","likeSize":1,"commentSize":1,"subComments":[{"id":306512408801576,"commentId":"306512408801576","gmtCreate":1715867381720,"gmtModify":1715867386669,"authorId":3554957808123030,"author":{"id":3554957808123030,"idStr":"3554957808123030","authorId":3554957808123030,"name":"waikin11","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":2,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches 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:)"}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":306132268732472,"commentId":"306132268732472","gmtCreate":1715744180145,"gmtModify":1715744184773,"authorId":3527667613087911,"author":{"id":3527667613087911,"idStr":"3527667613087911","authorId":3527667613087911,"name":"SullivanRrr","avatar":"https://static.tigerbbs.com/6e743508fdcea73d01327da840eb95a2","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":305853684650128,"objectIdStr":"305853684650128","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Tencent better than Ali imo ","text":"Tencent better than Ali imo ","html":"Tencent better than Ali imo ","likeSize":2,"commentSize":1,"subComments":[{"id":306024570867752,"commentId":"306024570867752","gmtCreate":1715748278134,"gmtModify":1715748282934,"authorId":3554957808123030,"author":{"id":3554957808123030,"idStr":"3554957808123030","authorId":3554957808123030,"name":"waikin11","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":2,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.07.13","exceedPercentage":"80.98%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":305853684650128,"objectIdStr":"305853684650128","type":1,"supId":306132268732472,"supIdStr":"306132268732472","prevId":0,"prevIdStr":"0","content":"i dont disagree with you but Tencent option is not available in the US market","text":"i dont disagree with you but Tencent option is not available in the US market","html":"i dont disagree with you but Tencent option is not available in the US market"}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":306009848402160,"commentId":"306009848402160","gmtCreate":1715744691430,"gmtModify":1715855343052,"authorId":9000000000000725,"author":{"id":9000000000000725,"idStr":"9000000000000725","authorId":9000000000000725,"name":"AfraSimon","avatar":"https://static.tigerbbs.com/46d30a827da942c1b0307f51e832534e","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":305853684650128,"objectIdStr":"305853684650128","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Even if the stock falls below 70, you're open to assignment.","text":"Even if the stock falls below 70, you're open to assignment.","html":"Even if the stock falls below 70, you're open to assignment.","likeSize":0,"commentSize":1,"subComments":[{"id":306512253444184,"commentId":"306512253444184","gmtCreate":1715867342756,"gmtModify":1715867347583,"authorId":3554957808123030,"author":{"id":3554957808123030,"idStr":"3554957808123030","authorId":3554957808123030,"name":"waikin11","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":2,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.07.13","exceedPercentage":"80.98%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":305853684650128,"objectIdStr":"305853684650128","type":1,"supId":306009848402160,"supIdStr":"306009848402160","prevId":0,"prevIdStr":"0","content":"yes, 70 is a good entry point, business performance is solid. Markk-to-market losses is just book losses unless the manangement decides to realise it which i dont think so.","text":"yes, 70 is a good entry point, business performance is solid. Markk-to-market losses is just book losses unless the manangement decides to realise it which i dont think so.","html":"yes, 70 is a good entry point, business performance is solid. Markk-to-market losses is just book losses unless the manangement decides to realise it which i dont think so."}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":306509214265488,"commentId":"306509214265488","gmtCreate":1715866630037,"gmtModify":1715866633410,"authorId":3554957808123030,"author":{"id":3554957808123030,"idStr":"3554957808123030","authorId":3554957808123030,"name":"waikin11","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":2,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.07.13","exceedPercentage":"80.98%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":305853684650128,"objectIdStr":"305853684650128","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"//<a href=\"https://ttm.financial/U/3578744032409935\">@Moah</a>:\nGreat ariticle, would you like to share it?","text":"//<a href=\"https://ttm.financial/U/3578744032409935\">@Moah</a>:\nGreat ariticle, would you like to share it?","html":"//<a href=\"https://ttm.financial/U/3578744032409935\">@Moah</a>:\nGreat ariticle, would you like to share it?","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":306506369212688,"commentId":"306506369212688","gmtCreate":1715865820575,"gmtModify":1715865823908,"authorId":3578744032409935,"author":{"id":3578744032409935,"idStr":"3578744032409935","authorId":3578744032409935,"name":"Moah","avatar":"https://static.tigerbbs.com/966a6e037af71bc2fc6a462c782e790b","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.05.14","exceedPercentage":"80.28%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":305853684650128,"objectIdStr":"305853684650128","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","html":"Great ariticle, would you like to share it?","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":306009883963592,"commentId":"306009883963592","gmtCreate":1715744694547,"gmtModify":1715855341930,"authorId":3479274785278836,"author":{"id":3479274785278836,"idStr":"3479274785278836","authorId":3479274785278836,"name":"Shenpwe","avatar":"https://static.tigerbbs.com/4b51002b6d682b7196fce71fa3264623","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":305853684650128,"objectIdStr":"305853684650128","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"👍","text":"👍","html":"👍","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/305853684650128"}