I closed
$Alibaba(BABA)$ ,I got exercise for my sell call option, but it is OK as I buy at $80. Now I can sell put at $80 to earn premium and but back the share if the option exercise.
Side | Price | Realized P&L |
---|
Sell Close | 82.50 | -8.33% Closed |
AlibabaTrade 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
Check out the earnings transcript. This should get back to $150/share quickly.
When this hits 100 it will take off to where it was before the big guys decided to tank it.
The sky is the limit. This stock is going into the stratosphere. Up ,up, up.
Alibaba is undervalued about 50-60 %