To The Moon

The two articles I wrote last week are still relevant and the logic of the market has not changed much. The news of Alibaba's six platforms listing is not a one-off event, but a boost to the overall sentiment of Chinese stocks; Banking plate risk also really landed.

But if you missed the opportunity last week, you can wait for a pullback this week, or sell put, because:

• sell $BABA 20230406 109.0 CALL$

• buy $BABA 20230406 120.0 CALL$

Option volatility suggests that Alibaba shares will consolidate this week. The stock price is below 109.

The launch of China Concept stocks is not only because large orders have successively bought KWEB call options at the strike price of 33 ~ 34, but also because many call large orders can be seen in the individual stocks of China concept stocks:

• buy $KWEB 20230421 33.0 CALL$

• sell $KWEB 20230421 37.0 CALL$

And other Chinese stocks bullish orders:

• $TAL 20230519 8.0 CALL$

• $JD 20230616 45.0 CALL$

• $BILI 20240119 30.0 CALL$

Unfortunately, institutions are also very tentative about future trends, based on the expiration dates of options on large ETF orders. The rally won't last long, maybe 2-3 weeks.

BTW about PDD and bilibili. PDD, no doubt, is resilient. Before the hack, some people misjudged the company's ability to do business, and you will find that the company is not so easy to short. But after Google took it down, I didn't care if it was capable or not, and even if it was, I didn't want to buy it.

These days, the author of bilibili has stopped creating videos. Fortunately, the stock price has not fallen much. If it falls, the shareholders can even Sue. According to my observation, in the past two days, Station b has been recommending all kinds of stop statement videos on the homepage that I did not follow the author. I didn't read the videos published by these authors before, but the stop videos kept appearing on the home page. This kind of fear-mongering operation is bizarre. I wonder how the agency that bought the call feels about that.

Right now, Microsoft bulls and bears are fighting it out. But I'm on the same side as I was last week:

• sell $MSFT 20230414 280.0 PUT$

$C3.ai, Inc.(AI)$ :

• buy $AI 20230519 35.0 CALL$

• sell $AI 20230519 35.0 PUT$

I don't have a deep understanding of this company. Institutions are in such a rush to buy, I don't know if they want to play the earnings season or have an inside track.

This year is like this, high risk, high opportunity, to control the position, not all in, but not all in cash. There are plenty of black swans in the stock market, but it's just as painful to miss out on gains because you're afraid to own.