If you haven`t bought BABA before the previous earnings:
Then analyzing the options chain and the chart patterns of BABA Alibaba Group Holding Limited prior to the earnings report this week, I would consider purchasing the 110usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $2.74. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
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BABA traded at $90.46 after earnings, on Friday, and the calls went up from $2.74 (when I wrote this article) to $4.65 at the close of the day, for a gain of about 70%!
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