BABA Alibaba Options Ahead of Earnings

4 févr. 2024

If you haven`t exited BABA when SoftBank sold its huge stake in the company:

nor reentered the technical rebound:

Then analyzing the options chain and the chart patterns of BABA Alibaba prior to the earnings report this week,
I would consider purchasing the 75usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $4.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

10 févr. 2024

Transaction en cours

BABA calls were in the money this week, with the stock trading at $78.21. I haven't monitored the options, but they were certainly profitable back then.