BABA Alibaba Options Ahead of Earnings

28 ago

If you haven`t bought BABA before the rally:

Now analyzing the options chain and the chart patterns of BABA Alibaba Group Holding Limited prior to the earnings report this week,
I would consider purchasing the 135usd strike price Calls with
an expiration date of 2026-3-20,
for a premium of approximately $10.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

15 set

Trade chiuso: obiettivo raggiunto

BABA closed at $155.06 last Friday, Sept 12. The calls went from $10.50 when I wrote the signal to $31.50 by Friday’s close, for a gain of 3X (even higher intraday)!
Chinese big caps are still undervalued, in my opinion.