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Ok-Train4958 t1_j6p5m5k wrote

Nice work. What’s the next play?

4

Nerdowell OP t1_j6p8r3c wrote

I think BABA could potentially fill the gap back to around $95 over the next couple of weeks, but with all of the big boys releasing earnings this week along with the FED rate decision, it's a bit too risky right now. I'm going to see how the rest of the week plays out and see what kind of opportunities are available on Friday.

7

jamzkourt t1_j6p4eoi wrote

Baba is that you ???? I thought you were just going out to get some milk 🥛. I think my allowance is overdue

2

3d-money t1_j6p501e wrote

nicely done! The casino treating you well.

2

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1

Nerdowell OP t1_j6p3lc5 wrote

Bought 90 2/10 BABA $119 puts last Friday because I figured BABA would give up some of its recent gains and $120 seemed to be a pretty solid resistance. Sold all of them this morning.

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VisualMod t1_j6p35jw wrote

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1

VisualMod t1_j6p366l wrote

I believe that the BABA $119 Put + $9.98 1D 1W 1M position is a good trade for today. The current price of BABA is $110.11, which means that the option has already increased in value by 5.83%. I expect the stock to continue to fall over the next week or so, which should result in even more profits for this trade.

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1

Belfry818 t1_j6p691s wrote

JFC from r/jokes to this in the last month? Big Cajones confirmed.

1

okokibuynok t1_j6p7wmm wrote

Bought some PDD puts that printed Monday. Baba kicked my ass bc I bought FDs for last week. Good call

1

pw7090 t1_j6pe85j wrote

Why did you buy these?

1

80milesbad t1_j6pec2f wrote

Wow! I gotta get me some o’ them puts

1