Terra Incognita
04-27

I opened $BABA 20240524 83.0 CALL$  ,BABA: sold covered call on BABA with strike at $83 and expiring in 28 days on the 24th May. Premium collection is 1.15%. BABA is on the swing high within its range of $68-$78 and it’s closer to upper band resistance. Took the opportunity to sell covered call to earn some premium while awaiting BABA to recover if ever 😅. Yea I’m one of those long term bull on BABA and are still bag holding 😆. If this ever gets call away, I’ll sell news ones as I still have some that I didn’t put up to trade else at risk of being called away below holding average cost.
BABA CALL
04-26 22:41
US20240524 83.0
SidePriceRealized P&L
Sell
Open
0.96--
Closed
Alibaba
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  • 征_2624
    ·04-27
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    长远看好为啥不买远期 call？
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    • Terra Incognita: 
      Thanks for asking! While i’m long term bullish on BABA, one can only earn money when everyone else if thinking the same. Price action for BABA for the past 3.5 years had been bearish for most time and consolidation at best. If one were to buy long call, one would have lose all the premiums.
      04-28
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  • 叫我發先生
    ·04-27

    Liked and shared 

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  • 奈何桥de旋律
    ·04-27
    这篇文章不错，转发给大家看看
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  • 论韭菜的修养
    ·04-27

    这篇文章不错，转发给大家看看

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  • 可乐咖啡
    ·04-27
    这篇文章不错，转发给大家看看
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