TradingView
TopgOptions
Nov 16, 2022 4:23 AM

Options Ahead of Earnings Long

Alibaba Group Holding LimitedNYSE

Description

Looking at the BABA Alibaba Group Holding options chain ahead of earnings, i would buy the $85 strike price in the money Calls with
2022-12-16 expiration date for about
$3.79 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.

Looking forward to read your opinion about it.







Trade closed: target reached

target reached on the earnings day, $85.28!
Comments
rajivgomes
sounds good , i think 100 by early next year
TopgOptions
@rajivgomes, i believe so.
More