Stocks & Markets Analysis
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$Alibaba (BABA.US)$ the more it drops the more I buy my acco...
$Alibaba (BABA.US)$ the more it drops the more I buy my account is starting to look like Alibaba is my only investment I probably have too much money invested in them but it's one of the best investments on market right now I don't mind holding it
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ithrivemach : I wish I had more money to buy more
knowledgeispowerful OP ithrivemach : trust me I get it but there's ways to deliver your account stick with options go to about a $300 strike price and put it about 60 days out you'll get in cheap but it's most certainly going to reach that price points within that 60 days or close to it
knowledgeispowerful OP ithrivemach : I've been doing both shares and options I got a hundred shares but I'm doing put credit spreads as well and using the shares as a hedge so that way I don't have to pay for another trade and I'm still profiting with options but me personally if I were you I would get some long-dated call options out of the money and just hold them you can make 25 Grand off of a couple options easy and probably only cost you a few hundred bucks
mafu ali : It’s going down like for real
ithrivemach : Same here