0.76Open1.29Pre Close439 Volume2.52K Open Interest95.00Strike Price35.79KTurnover55.54%IV4.39%PremiumNov 8, 2024Expiry Date0.00Intrinsic Value100Multiplier4DDays to Expiry0.92Extrinsic Value100Contract SizeAmericanOptions Type-0.2592Delta0.0570Gamma107.54Leverage Ratio-0.2403Theta-0.0027Rho-27.87Eff Leverage0.0331Vega
Alibaba Stock Discussion
Final drop in $BABA is coming after it failed to break above US$99.59 convincingly today.
Unfortunately, it is not going to be small in size. After that, big profits coming!
Do your own due diligence.
I have been saying since 2018 do not touch China stocks, there's a structural reversal in China economy since 2016.
the anchor for its decline has been nailed in 2020, there will be at least a 30 year decline in its economy, it may not collapse, but it will not grow, it will be like a zombie, not living, not dead.
anyway, you don't have to listen to me, you can just see things unfold as time goes on.
I just want to mention something that I feel is important (I will come to tha...
Also keep a close tab on the USA election. praying for the more spiritual candidate to win.
A larger head and shoulder pattern is forming this week in BABA chart. The right shoulder fomation is in progress.
Potentially, $baba could reach US$89 quickily before heading higher. The correction from $118 to $89 is ending soon.
Do your own due diligence.
I am not a financial advisor
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