$BABA Why buy weekly options? One wrong move and your trade blows up. Become a seller. Stocks go up and down, but theta burns forever!
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$BABA Here is the 12-month price prediction for Alibaba Group Holding Ltd(BABA) https://wallstreetfacts.com/2021/05/03/here-is-the-12-month-price-prediction-for-alibaba-group-holding-ltdbaba/
SweepCast observed: $BABA with Unusual Options Activity Alerted on $255 CALL Expiring: 05-21-2021 worth 66K🐂 |🎯 Learn More https://www.sweepcast.com/optionflow?symbol=BABA&;name=CALL&;strike=$255&;type=TRADE&;pre=$66K&;exp=05-07-2021 🎯 |
$BABA The big positive I see on this board today is that I don't see many $270 or $300 or even $500 price targets and that's a healthy sign.
Did the bulls give up with this nonstop one step forward two stpes back price action? It's really hard to be bullish now with $SPY at all time highs and who knows what the big tutes are going to use to pull the market down.
All the big techs ($AAPL) price action is not looking good. Just flush it and start the next leg already as it's a slow grind down for techs and particularly semis, they are taken to