BABA

#SyntheticStock – It’s either at resistance or getting ready to break higher. Either way, my long deltas are gone and it’s been a good run. Very little weekly premium and mostly a delta gain. Only a couple contracts but still booking here and looking for a re-entry point eventually. Out of BABA, BIDU, and CTRP. China was very good to me!

Sold to Close BABA JAN 17 2020 175.0/175.0/170.0 Synthetic Stock
Bought to Close BABA MAR 16 2018 190.0 Calls

Net gain of 12.20 per contract…