BABA Alibaba Group Holding Limited Options Ahead of Earnings

If you haven`t bought BABA before the previous earnings:

Then analyzing the options chain and the chart patterns of BABA Alibaba Group Holding Limited prior to the earnings report this week,
I would consider purchasing the 110usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $2.74.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade ist aktiv:

BABA traded at $90.46 after earnings, on Friday, and the calls went up from $2.74 (when I wrote this article) to $4.65 at the close of the day, for a gain of about 70%!