BABA- Earnings this Tuesday November 04 (before the bell). Buy OTM calls Monday.

[galvinlee888]

Don't seem any real movement after the earning.

 

[Cmoss]

crickets...

 

[FXforex]

Monday November 03 at 9:51 AM EST

• BABA at $99.88
• Bought 1 BABA Nov07 107.00 call at $1.20.
• Price target after earnings $110.00+.
• Maximum risk $120.00.

My plan is to close on Tuesday November 04.

UPDATE

• BABA at $106.07
• The BABA Nov07 107.00 call position is still open.
• I didn't get the post-earnings jump I expected so I will see what happens during the next 3 days.

Stay tuned.

 

[stock777]

no matter what u get you're guar to get that nice juicy vol crush

 

[FXforex]

no matter what u get you're guar to get that nice juicy vol crush

The "vol crush" happened today. I'm sailing into less headwind now.

 

[stock777]

yeah, , so, you PAID for it yest. It all comes out in the wash

 

[FXforex]

Monday November 03 at 9:51 AM EST

• BABA at $99.88
• Bought 1 BABA Nov07 107.00 call at $1.20.
• Price target after earnings $110.00+.
• Maximum risk $120.00.

My plan is to close on Tuesday November 04.

• BABA at $109.01
• Sold to close 1 contract BABA Nov07 107.00 call at $2.55.

 

[crayon851]

bout 103/104 debit call spread. has about 40% chance of success. net return 0.70%.

 

[FXforex]

bout 103/104 debit call spread. has about 40% chance of success. net return 0.70%.

I don't like debit spreads, the short option is like having a piano tied to your back. If you want to lower the risk/cost of your position it's better to move up the long position 1-strike or so. In your example buy the 104 call instead of a 103C/104C debit spread.

 

[samuel11]

I don't like debit spreads, the short option is like having a piano tied to your back. If you want to lower the cost of your position it's better to move up the long position 1-strike or so. In your example buy the 104 call instead of a 103C/104C debit spread.

Different risks