$Alibaba(BABA)$ one of my fav

$Alibaba(BABA)$ one of my fav strategy when holding longs is selling covered calls to earn the small premium expiring when the price of the stock is almost stagnant.

Example buying and holding Baba at $98.5, selling Calls at $100,$105. If the calls expired worthless, i keep the premium, if exercised, I am still making profit of the premium + $100 - $98.5

I only do this when i am long, and the difference is not too big. Hope this inspire others to try options as a hedge to protect yourself rather than gambling 100 or 1000 contracts at a go.

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

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":366441535176856,"tweetId":"366441535176856","gmtCreate":1730471576134,"gmtModify":1730705462091,"author":{"id":3555028347433171,"idStr":"3555028347433171","authorId":3555028347433171,"authorIdStr":"3555028347433171","name":"东北星","avatar":"https://static.tigerbbs.com/0f926b776e0fbd431d86e05b1b63f9e0","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":8,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.61%","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":210,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a> one of my fav strategy when holding longs is selling covered calls to earn the small premium expiring when the price of the stock is almost stagnant.&nbsp;\nExample buying and holding Baba at $98.5, selling Calls at $100,$105. If the calls expired worthless, i keep the premium, if exercised, I am still making profit of the premium + $100 - $98.5\nI only do this when i am long, and the difference is not too big. Hope this inspire others to try options as a hedge to protect yourself rather than gambling 100 or 1000 contracts at a go.</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a> one of my fav strategy when holding longs is selling covered calls to earn the small premium expiring when the price of the stock is almost stagnant.&nbsp;\nExample buying and holding Baba at $98.5, selling Calls at $100,$105. If the calls expired worthless, i keep the premium, if exercised, I am still making profit of the premium + $100 - $98.5\nI only do this when i am long, and the difference is not too big. Hope this inspire others to try options as a hedge to protect yourself rather than gambling 100 or 1000 contracts at a go.</body></html>","text":"$Alibaba(BABA)$ one of my fav strategy when holding longs is selling covered calls to earn the small premium expiring when the price of the stock is almost stagnant. Example buying and holding Baba at $98.5, selling Calls at $100,$105. If the calls expired worthless, i keep the premium, if exercised, I am still making profit of the premium + $100 - $98.5 I only do this when i am long, and the difference is not too big. Hope this inspire others to try options as a hedge to protect yourself rather than gambling 100 or 1000 contracts at a go.","highlighted":1,"essential":1,"paper":1,"likeSize":18,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/366441535176856","repostId":0,"isVote":1,"tweetType":1,"viewCount":662,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["BABA","09988"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":446,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/366441535176856"}