BABA covered call
GORGEOUS double bottom and VERY nice bounce off of the 50 ema on the weekly.
Just expecting BABA to chill and trade sideways a bit. JD.com does have earnings very soon and will affect BABA some, however, appears she still will slowly grind higher. GREAT earnings... :-)
Obviously you have to have LONG calls OR 100 shares to do a covered call sale. :-)
Just expecting BABA to chill and trade sideways a bit. JD.com does have earnings very soon and will affect BABA some, however, appears she still will slowly grind higher. GREAT earnings... :-)
Obviously you have to have LONG calls OR 100 shares to do a covered call sale. :-)
Thanks for helping us Enrich Lives!
:=)