TopgOptions

BABA Alibaba Options Ahead of Earnings

Long
TopgOptions Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
If you haven`t sold BABA here:
and bought it here:

Now Analyzing the options chain of BABA Alibaba prior to the earnings report this week,
I would consider purchasing the 90usd strike price Calls with
an expiration date of 2023-6-16,
for a premium of approximately $4.45
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.


Trade closed: target reached:
BABA Strike Price reached before the earnings. Trading at $91.43. Haven`t monitored the options.

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