I opened $BABA 20240621 81.0 P

I opened $BABA 20240621 81.0 PUT$ ,BABA: Collect 1.5% premium when sold this cash secured put on BABA. Took opportunity to sell a new put when BABA is about 2% down today. The strike was set at $81 which is near the gap fill level after the recent run up. Expiry on 21st June which is 31 days away allow for better risk control. At current market price of $86.7, one of my covered call will expire in the money this Friday at $83 so selling this new put at lower strike of $81 to maybe buy it back when possible.

Trading Order
Symbol	Side	Price	Filled time
BABA PUT US20240621 81.0	Sell Open	1.25	2024-05-2121:44:02

Trade Feed: Who is your favorite star traders?

Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

KSR
05-22
KSR
👍

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":308359763980560,"tweetId":"308359763980560","gmtCreate":1716305088656,"gmtModify":1716306021987,"author":{"id":3581560330669557,"authorId":3581560330669557,"authorIdStr":"3581560330669557","name":"Terra Incognita","avatar":"https://community-static.tradeup.com/news/b5e59779a1eaa1b3dc28886ab0efa184","vip":2,"userType":2,"introduction":"MSc. in Supply Chain Mgmt, Audit, Quality and Procurement for Semicon companies.","boolIsFan":false,"boolIsHead":false,"crmLevel":8,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"e93d6aec3f8541a685bf0bdf8480c06e-5","templateUuid":"e93d6aec3f8541a685bf0bdf8480c06e","name":"Ace trader","description":"Top 10","bigImgUrl":"https://community-static.tradeup.com/news/71a2286cf1c2ed4ac872db75d2914b4d","smallImgUrl":"https://community-static.tradeup.com/news/95cd664634e0cafd4dd538f723a13053","grayImgUrl":"https://community-static.tradeup.com/news/f027bafd492bdca554224ca0bfb51d8f","redirectLinkEnabled":1,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.03","individualDisplayEnabled":0},"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.05.24","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"}}],"fanSize":9949,"starInvestorFlag":true,"starInvestorFollowerNum":4594,"starInvestorOrderShareNum":860,"userFollowInvestorFlag":false,"orderNotificationFlag":false,"ror":-4.14,"showRor":true,"investmentPhilosophy":"Link to my Tiger Interview 🤭\n<a href=\"https://ttm.financial/post/266141363277960\">[Trade Feed] @Terra Incognita: Over 60% RoR through Strategic Options Selling</a>","winRationPercentage":80.145985},"themes":[{"themeId":"4e1ab37448a24dd39b7882426fc6fd27","categoryId":"ab3d937a5fd848c08008411a9be702b5","name":"Trade Feed: Who is your favorite star traders?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":4e1ab37448a24dd39b7882426fc6fd27}&rnconfig={\"headerBarHidden\": true}","description":"Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the \"hidden gem traders\" that you've discovered!","image":"https://community-static.tradeup.com/news/e496e574dd744490c7b4f7959f83f5a4"}],"images":[],"coverImages":[],"html":"<html><head></head><body>I opened <a href=\"https://ttm.financial/OPT/BABA 20240621 81.0 PUT\">$BABA 20240621 81.0 PUT$&nbsp;</a> ,BABA: Collect 1.5% premium when sold this cash secured put on BABA. Took opportunity to sell a new put when BABA is about 2% down today. The strike was set at $81 which is near the gap fill level after the recent run up. Expiry on 21st June which is 31 days away allow for better risk control. At current market price of $86.7, one of my covered call will expire in the money this Friday at $83 so selling this new put at lower strike of $81 to maybe buy it back when possible.</body></html>","htmlText":"<html><head></head><body>I opened <a href=\"https://ttm.financial/OPT/BABA 20240621 81.0 PUT\">$BABA 20240621 81.0 PUT$&nbsp;</a> ,BABA: Collect 1.5% premium when sold this cash secured put on BABA. Took opportunity to sell a new put when BABA is about 2% down today. The strike was set at $81 which is near the gap fill level after the recent run up. Expiry on 21st June which is 31 days away allow for better risk control. At current market price of $86.7, one of my covered call will expire in the money this Friday at $83 so selling this new put at lower strike of $81 to maybe buy it back when possible.</body></html>","text":"I opened $BABA 20240621 81.0 PUT$ ,BABA: Collect 1.5% premium when sold this cash secured put on BABA. Took opportunity to sell a new put when BABA is about 2% down today. The strike was set at $81 which is near the gap fill level after the recent run up. Expiry on 21st June which is 31 days away allow for better risk control. At current market price of $86.7, one of my covered call will expire in the money this Friday at $83 so selling this new put at lower strike of $81 to maybe buy it back when possible.","highlighted":1,"essential":1,"paper":1,"likeSize":49,"commentSize":1,"repostSize":32,"favoriteSize":0,"link":"https://ttm.financial/post/308359763980560","repostId":0,"isVote":1,"tweetType":1,"viewCount":4296,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["BABA","BABA 20240621 81.0 PUT","09988"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":true,"orderData":{"uuid":"3581560330669557","orderId":"35048624365241344","symbol":"BABA","secType":"OPT","symbolHtmlTag":"<a href=\"https://ttm.financial/OPT/BABA 20240621 81.0 PUT\">$BABA 20240621 81.0 PUT$&nbsp;</a>","symbolHtmlTagHref":"https://ttm.financial/OPT/BABA 20240621 81.0 PUT","symbolName":"Alibaba","nameCN":"Alibaba","market":"US","action":"SELL","currency":"USD","orderType":"LMT","right":"PUT","strike":"81.0","expiry":"20240621","filledQuantityFinal":"1","avgFillPrice":"1.25","showFilledQuantity":false,"createTime":1716299042,"filledQuantity":"1","filledQuantityScale":"0","openFlag":true,"side":"DEBIT","contractMajorDescription":"BABA PUT","contractExtraDescription":"20240621 81.0","legs":[],"completedFlag":false,"orderPnl":{"openRealizedPnlPercent":0,"openUnrealizedPnlPercent":-4.48},"symbolLogo":"https://static.tigerbbs.com/df4bb3383141e01077ef4bb2996ee38c"},"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":["订单分享帖"],"commentAndTweetFlag":false,"upFlag":false,"length":383,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":308448383889472,"gmtCreate":1716340814269,"gmtModify":1716340817637,"authorId":4121076730674632,"author":{"id":4121076730674632,"authorId":4121076730674632,"name":"KSR","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":308359763980560,"type":1,"supId":0,"prevId":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/308359763980560"}