Anyone excited for Earning Report?
$Alibaba(BABA.US$ $Sea(SE.US$
Who's hyped for tonight's SE ER and coming BABA's one? I'm enjoying the community so much more since NATO ppl not around![]()
Who's hyped for tonight's SE ER and coming BABA's one? I'm enjoying the community so much more since NATO ppl not around
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股勇者 : I am hoping 9988 will hit HKD150 by year end
hope not too much to ask for
B3lloOP 股勇者: I think 200 also no problem, once delist issue and crackdown over, nothing is stopping the BABA bull
Thelord : Are you expecting SE to dump very hard?
B3lloOP Thelord: FYI, when I bought Put at 53, doesn't mean I expect SE to drop below 53, as long as I'm in the profit, I'm closing it.
But yeah, I'm just averaging down my cost since SE went up to 75
Thelord B3lloOP: You should have closed it before ER, your profits can be wiped out if results are good
102472973 : WIll JD earning report affect BABA?
B3lloOP 102472973: I doubt so, since ER depends on individual companies, but BABA ER for this month might be bad, but your guess is as good as mine.
B3lloOP Thelord:
Maybe I set some timeline for some context.
When SE is at 70+ (Early May) , I buy some Srike Price (SP) 63 Puts, when it drop to 50+ , I closed my SP 63 Puts, and added some SP 54 Puts, but since SE rallied to 75, I keep adding along until I got 50 of it, not that I want but I have no choice but to average the cost of the initial Put...
SP 70 is a bet that the ER will be bad, but since I closed all my BABA, TSLA and FB Puts at a profit, I'm taking abit to just throw this money away... the cost is ard 25k and this play is down 6k currently...
I don't really care if this 25k evaporate becoz if you see my post for some time, you should know how much I lost from BABA
Thelord B3lloOP: I see. You got a point there
B3lloOP : lost my bet, there's goes my 25k
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