Terra Incognita
03-23

I opened $BABA 20240426 68.0 PUT$  ,BABA: sold new cash secured put on BABA with strike at $68 and 35 days till expiry. Premium collection at 1.3% over this period. BABA stock remained weak and range bound the past few month and in the absence of catalyst. PDD great earnings results also potentially pushed this stock lower in the past week. Will accumulate on the lower end and sell covered call when it’s higher within the range.
BABA PUT
03-23 02:05
US20240426 68.0
SidePriceRealized P&L
Sell
Open
0.89--
Closed
Alibaba
# Trade Feed: Who is your favorite star traders?

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.

Report

Comment（1）

  • Top
  • Latest
  • whimsie
    ·03-23
    👍
    Reply
    Report