OptionsRising

Gap filled, swing calls before earnings

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
I waited and premarket this gap below 83 was filled. in the first 2 hours price never dipped back below 83 and I am looking for a quick move back to 100.

Price could move down to yellow line to really revisit the lows but there probably needs to be a strong news sell for this. I will not hold my calls too long because high VIX has inflated option prices today. If stock starts moving I may even trim/exit by end of day and then take another position.
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