$Alibaba(BABA)$ 

1️⃣ Why am I making this trade now?

Sold the shares assigned early from the $135 put. Sold another new deep in the money put at the same strike expiring in dec. 

2️⃣ What’s my plan from here?

To continue holding the deep in the money put to wait for the share price to rebound. Baba share price continues to be way below the average analyst price target. The downside risk seems to be less than the upside reward. Waiting to see if the support level holds this time or not. 

BABA
10-02 02:41
USAlibaba
SidePrice | FilledRealized P&L
Sell
Close
107.50
100
-19.53%
Closed
Alibaba

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  • Trade Feed Decoder
    ·10-02 04:00
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