$Alibaba (BABA.US)$ took a 10% profit and sold all at 79. i ...
$Alibaba(BABA.US$ took a 10% profit and sold all at 79.
i am sure earnings will be great, i am just terrified looking at the options chain. will the mm really let this much call options print?
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goglobalgobig : y the earnings will be great?
EROD42069 : Same reason I only bought call options. I believe it’ll climb on the news and a massive selloff will follow. Three month chart shows a sexy inverse head and shoulders. Might kiss mid 80’s and sell off back to the low seventies again.
HappyGotLucky : I think it is a safe move.
aoimizu : Yeah BABA earnings can be great but still drop sigh