I opened
$Alibaba(BABA)$ ,
BABA: bought in BABA at $90 when it got assigned in the pre market as part of the cash secured put that is in the money.
With little to no time value left, the counter party had opted to trigger the assignment.
Will turn this to selling calls as part of wheel strategy.
Side | Price | Realized P&L |
---|
Buy Open | 90.00 | -- Holding |
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
great strategy