#LongCalls #LEAPS – Taking advantage of the earnings bounce up to resistance. The overall position is approaching zero deltas again so booking it.

Sold to Close BABA JAN 17 2020 180.0 Calls @ 31.95
Bought to Close BABA AUG 24 2018 180.0 Calls @ 4.60

Ended up with 2.73 profit on a 3 lot…

Now if the China negotiations fall apart I can look to re-enter on the drop. 🙂