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VisualMod t1_j9l6w4m wrote

>I think that BABA's earnings are going to be lower than expected tomorrow, due to the current situation in China. However, I believe that the stock is still a good investment despite this news.

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Puzzled-Cranberry518 OP t1_j9l773g wrote

Im thinking about a short put. To take my profits for tomorrow and dip? You think its reliable?

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Gone_WithmyMoney t1_j9l7ry5 wrote

Eh I’d tread carefully with that. Analyst have been revising earnings to the upside which usually indicates a beat or strong optimism. The fact that the stock is so beaten down this month may make even okay earnings jolt the stock price upwards.

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bijancolbie t1_j9l8oaa wrote

2 $100 calls for Friday. 1 88$-85$ put for Friday. 🫡

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raditsys t1_j9l9ybi wrote

I did long long calls on BABA gif

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Puzzled-Cranberry518 OP t1_j9la7bf wrote

Thats not a bad idea imo. Im just going short puts tmrrw i think. Is that or lucid puts or dominos calls.

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raditsys t1_j9lakx9 wrote

I dont know whats going to happen in the next 4 months for the North American economy, but I think cheap retail imports are safe until 2024 re-election. Totally speculative, but that's my diagnosis. Your short term puts could work for tomorrow though. Good luck!

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wallstreetbets-ModTeam t1_j9lb15i wrote

Thanks for your submission!

r/WallStreetBets is known for making absurd but sometimes profitable trades that no one ever considered possible.

To keep making that possible, we need your help in keeping the feed of threads interesting and exciting.

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