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Subject Expert
Do we know what an anti-trust probe and regulatory action looks like in China? In the US it’s a hassle but usually doesn’t mean a company will get killed. And sometimes it unlocks value.
Until we have an understanding on how this works in China, I wouldn’t get too excited about this as an opportunity.
The point that the company has been beaten up and allmost all negative expectations are priced in. Is there risk? Yes. I am ok with that. Are you gonna buy it back at 300 once china gives it the all clear? I'll probably be selling it to you there.
Coach
I bought a June call
Coach
Yeah not 100% sure but thought it’s worth a shot🤷🏽♂️ I think Jack ma will cut a deal with the gov for partial ownership. Baba’s chinas biggest company so it doesn’t make sense that they’d tried to tear it down
Visual Storyteller
I bought calls for feb :/
Subject Expert
I’m buying shares slowly DCAing in. Once i feel like it has stabilized... I’ll look at LEAPs. The IV was nuts, and may stay up for the next few days. I got lucky because my Feb 280Cs only lost another 15% due to the dip but increased IV. I am just lucky I sold my LEAPs yesterday because I didn’t like the BABA charts.
BABA’s loss was JD’s gain in my portfolio...
Subject Expert
Also... if you have $25K sitting around, I’d sell a puts $220 for Feb.
Buy