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BABA short idea/puts. overnight hold 116 target

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  • SpyderCall : good call out. i sold my long calls. I should have went short apparently

  • 102640653 : I think it is time to buy. Looks profit take done. Maybe will come back up in the day . Also us futures to follow up. I’m buying up Tencent call warrants.looks good entry price

  • 102640653 : Tencent came down back too much lower at 358. From a high of 400hkd. To now 358hkd seems too much  n over done with fear. Even the hangseng index did not drop so bad. Looking at it bouncing n breaking up so I think I buy Tencent warrants. If us futures r going to run this will run. Unless u r saying futures drop drastically then this price suits  on Tencent. What u think

  • PocketChange OP 102640653 : I think majority of Chinese Companies will be red tomorrow. Nothing drastic. maybe - 1-3 % . I really like those companies long-term but they’ve ran 10 to 20% the last month. Just a slight pull back is needed. I believe the market overall in the US will gain  5-9% by end of July. than earnings will hit and it’ll be rough
    For 12 months. Trade smart, good luck to all

  • 102640653 PocketChange OP : U maybe right or wrong . All depend on big players

  • 102640653 PocketChange OP : Expect it run up further  maybe on Friday profit take that’s what I think . Run up may be explosive because of undervalued n government stimulus to support economy

  • SpyderCall : we will see how it plays out in the US in several hours. Maybe they will profit take. we will see soon

10+ yr trader: intraday, swings, option plays, frequent alerts🔹
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