Selling Alibaba put at $75 to get 1% premium
Dear baba $Alibaba(09988)$$Alibaba(BABA)$$Lion-OCBC Sec HSTECH S$(HST.SI)$$CSI China Internet ETF(KWEB)$
I trust baba as I also buy things from there hope u guys enjoy this article
dear friends in tiger
Baba has bounced from $71 to now $105
With PE of 33
And net earnings of $3.33
Let's say if we will to just sell put option strike at $71
And get the share worse case will be at PE of 20and also with earnings 3.33 Near
If not get the shares is pocket a 1% every few weeks is a good deal
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.
So nice this table
[Miser]