To The Moon

🏅🏅🏅🏅😍😍😍As and winning trade options trader I have been closely following the performance of some of China's largest companies in the stock market. Among these companies, Tencent, JD.com, Pinduoduo (PDD), and $Alibaba(BABA)$ Alibaba (BABA) have stood out for their impressive growth and resilience, making them solid choices for investors looking to invest in the Chinese market. Tencent is a technology conglomerate that has made a name for itself with its social media and gaming platforms. The company is known for its messaging app WeChat, which boasts over one billion monthly active users. Tencent's other products include mobile games, video streaming, online payments, and cloud services. Despite facing increased regulatory scrutiny from the Chinese government, Tencent has continued to perform well in the stock market, with its share price rising steadily over the past few years. JD.com, on the other hand, is an e-commerce company that has been giving Alibaba a run for its money in China. JD.com operates a vast logistics network that allows it to offer fast and reliable delivery to its customers. The company has also been investing heavily in technology, including artificial intelligence, robotics, and drones, to improve its operations. JD.com's stock price has been on an upward trend, thanks in part to the pandemic, which has accelerated the shift to online shopping. Pinduoduo (PDD) is a relatively new player in the Chinese e-commerce market, but it has quickly become a major contender. PDD is known for its social shopping platform, which allows users to purchase items in groups to get a discount. The company's user base has been growing rapidly, and it now boasts over 800 million active buyers. PDD's stock price has been volatile, but it has also shown great potential for growth, particularly as it continues to expand into rural areas of China. Finally, Alibaba (BABA) is perhaps the best-known Chinese company, with a global brand presence and a market capitalization of over $500 billion. Alibaba operates a range of businesses, including e-commerce platforms, cloud computing, digital media, and entertainment. The company has been a key player in the Chinese tech scene for years, and its stock price has reflected this, rising steadily over time. Out of these four companies, I have chosen to focus on Alibaba (BABA) for several reasons. Firstly, as mentioned, it is a world-renowned company with a solid track record of performance. Secondly, it has a significant amount of cash on hand, with $19 of cash per share. This means that investors can buy Alibaba stock and essentially own a portion of the company's cash on hand . ! 2 / 2 Baba, or Alibaba Group Holding Limited, is a multinational conglomerate that specializes in e-commerce, retail, and technology. It was founded in 1999 by Jack Ma and has since become one of the largest companies in the world. The company operates in various segments, including core commerce, cloud computing, digital media, and entertainment, among others. Baba's impressive growth and strong financials have attracted many investors, including myself. The company has a market capitalization of over $600 billion and has generated revenue of over $100 billion in the last fiscal year. Its core commerce segment, which includes the company's flagship e-commerce platform, Taobao, and Tmall, has been a significant contributor to the company's success. Baba has also expanded into cloud computing, digital media, and entertainment, among other segments, diversifying its revenue streams and providing additional growth opportunities. One of the most significant advantages of investing in Baba is its cash position. Baba has a massive cash reserve of over $60 billion, which equates to approximately $19 of cash per share. This cash reserve provides Baba with significant financial flexibility to pursue growth opportunities, make strategic acquisitions, and invest in research and development I cannot provide financial or investment advice, but I can explain how to sell strangled options on Baba and provide some general information on the subject. A strangle is an options strategy where an investor sells both a put option and a call option on the same underlying asset with the same expiration date but different strike prices. The idea is to profit from the price staying within a range of the two strike prices. To sell a strangle on Baba options, you will need to have a brokerage account that allows you to trade options. Once you have access to options trading, you can select the options for Baba with the expiration date you want (January 2022 to February 2023) and choose a strike price range that you think the stock will stay within. For example, if Baba is currently trading at $90, you could sell a call option with a strike price of $100 and a put option with a strike price of $80. This would create a strangle where you profit if the stock stays between $80 and $100 until the options expire. Market will range bound for the year and both options expire worthless you will fetch $6 an $10 from all the options netting $1600 usd of option premiums till next year January It's important to keep in mind that selling options carries risks, and it's essential to have a thorough understanding of options trading and associated risks before making any investment decisions. Additionally, the price range you choose for your strangle should be based on your own analysis and understanding of the market 🐯🐯🐯🐯🐯🐯 Dear tiger readers Please help to share post also clicking the repost button and follow me as I published my post on my ideas and trading experiences and sometimes including my current dividend positions and winning sell call and put trades . 🦁🦁🦁🦁🦁Do follow me share my posts regularly So more people can learn about my trading methods and winning trades on selling covered calls and puts options I share my options trade below usually I sell at a higher price then buy back at a lower price for a profit I also try to reward the first 100 commenters at least 1 coins each who also help me repost and like the article 🌈🌈🌈🌈🌈🌈🌈🌈 Dear @MillionaireTiger @Daily_Discussion @TigerStars @TigerEvents @MiniAce @Aqa hope you can feature me and more people can trade strangle options to earn 2% or more monthly .