waikin11
06-28
I opened $BABA 20240705 65.0 PUT$  ,Amazon’s new strategy for low-priced items in the US shouldn’t have a significant impact on Ali (mainly affecting PDD’s Temu). So i think it was an overreaction for Ali, happy to sell some cash-secured PUT at my target price.
BABA PUT
06-28 00:42
US20240705 65.0
SidePriceRealized P&L
Sell
Open
0.06--
Closed
Alibaba
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Comments

  • glowzi
    06-28
    glowzi

    may affect both?

    • waikin11
      Ali doesnt have much exposure to the US market
  • YumZoay
    06-28
    YumZoay
    Overreaction! [Surprised] Ali will be fine.
  • zippiee
    06-28
    zippiee
    Nice move
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