Call Options on BABA on 6/1/2020

Alibaba Group Holding Limited (BABA), through its subsidiaries, provides online and mobile commerce businesses in the People's Republic of China and internationally.

It operates in four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others.

The company operates Taobao Marketplace, a mobile commerce destination; Tmall, a third-party platform; Alibaba Health pharmaceutical e-commerce and consumer healthcare platforms; Alimama, a monetization platform; 1688.com, an online wholesale marketplace; Alibaba.com, an online wholesale marketplace; AliExpress, a retail marketplace; Lazada, an e-commerce platform; and Tmall Global, an import e-commerce platform.

It also operates Lingshoutong, a digital sourcing platform; Cainiao Network logistic services platform; Ele.me, a delivery and local services platform; Koubei, a restaurant and local services guide platform; and Fliggy, an online travel platform. In addition, the company offers pay-for-performance and display marketing services; and Taobao Ad Network and Exchange, a real-time bidding online marketing exchange.

Further, it provides elastic computing, database, storage, virtualization network, large scale computing, security, and management and application, big data analytics, machine learning platform, and Internet of Things and other services for enterprises; and payment and escrow services; and movies, television series, variety shows, animations, and other video content.

Additionally, the company operates Youku, an online video platform; UC Browser, a mobile browser; Alibaba Pictures and other content platforms that provide online videos, films, live events, news feeds, literature, music, and others; Amap, a mobile digital map, navigation, and real-time traffic information app; DingTalk, a business efficiency app; and Tmall Genie, an AI-powered smart speaker.

We will be trading June 19th Calls

Last Trade: $207.39

Trading Range: $148.85 to $231.14

Trade Buy 1 June $205.00 Call at $6.00 For a net debit of $6.00 Profit/Loss Analysis Breakeven at $211.00 Maximum profit is unbounded Maximum loss is ($600.00) at strike of $205.00 Closing Summary Sold 1 June $205.00 Call at $18.45

Position closed on 6/16/2020 at price of $18.45 with a 207.50% gain in 15 days.

Updates

6/16/2020 9:44:36 AM

BABA June $205 Call option closed at $18.45.

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