BABA Alibaba Options Ahead of Earnings

TopgOptions Updated   
BATS:BABA   Alibaba Group Holdings Ltd.
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.

Trade active:
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.


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