Market Musings

It’s where I share all my best stuff about building wealth using simple, safe and stable options trading strategies.

Why I Opened a Bullish Options Trade on Alibaba (BABA)

baba call option Dec 29, 2020

On 24 Dec 2020, I shared a trade idea on BABA on our telegram community channel (if you are not a member yet, join our community for FREE).

Soon after the post, I received a note from one of our readers to help him/her understand why I took that trade (btw, thank you my reader for your kind words):

 

I decided to answer this via detailed post as many other readers might have similar question.

Here are the trade details:

  • Underlying stock: BABA
  • Type of Option: Call...
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