$BABA-W (09988.HK)$ Wall Street controls the media and publi...
$BABA-W (09988.HK)$ Wall Street controls the media and public opinion, causing panic and irrational surrender of cheap chips! Look at Goldman Sachs! It has been scooping up heavily for several days in a row!
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BC_76 : luckily I still keep some, and also sold a put option on Baba.
Bunny Pa Pa : $60 region is already very low. I bought some at 63 n let it fluctuate. People tell me $40 region coming. I tell them it's a gamble nevermind if I lose to $40.
70193421 OP BC_76 : I loss way too much! I had to sell some calls to buy put, now I have to rolling those calls
70193421 OP BC_76 : The translation is terrible! I mean, I sold some call options and then bought some put options.
BC_76 : I stop buying calls nowadays. Only sold puts on BABA (at 60), Nio(at 11) and covered calls on Yum China(at 52.5). If hit my strike price, I will just redeem the shares on BABA and Nio, or sell out my Yum China if hit 52.50.
BC_76 : my Nio 11 is on third week Nov. If the recovery continues, maybe I have chance no need to redeem it and keep the fees instead. LoL
Tuziya55555 : They didn't force you to hand over your chipsYou volunteered, who can you blame
股勇者 : I sold put at HKD60 .. very tough...