Mike Hunt
commented on a stock · Nov 18, 2021 07:17
$Alibaba (BABA.US)$ Regardless of whether they beat on earni...
$Alibaba (BABA.US)$ Regardless of whether they beat on earnings and revenue tomorrow, the significantly greater quantity of DEEP ITM puts versus calls suggests that this will tank tomorrow no matter what. Deep ITM contracts are very expensive and retail doesnt buy them. Retail buys cheap OTM or ATM options. Institutional money is set up to win if the BABA prices falls… So thats what will happen tomorrow. Hedges control the game. Apes that fight them lose their ass. Its snart to be on the side of the trade that the smart money is. don’t say you weren’t told.
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Mani Cai : Very good info. anyway this see this in the app?
Mike Hunt OP Mani Cai : Nov 19 ITM calls versus puts. Puts needed 2 pages
Mike Hunt OP Mani Cai : Dec 17 ITM calls versus puts
Mani Cai : wow, I've learned something valuable today! thanks!!
Moomoo88 : sorry, greenhorn here. that means tmrw is a better buy?
Mike Hunt OP Moomoo88 : I think today answered your question
31dragon : Well done.. U notice it...