February 6, 2015  Trade Alert -  BABA Black Sheep  Portfolio

We need to get to some lower strikes:

 

BTC 1 BABA FEB1 15 105 call (BABA150206C105) for $.02 (no commission)

STC 1 BABA Jul-15 105 call (BABA150717C105) for $1.84

BTC 1 BABA FEB4 15 104 call (BABA150227C104)
STC 1 BABA Jul-15 105 call (BABA150717C105) for a credit of $1.82  (selling a diagonal)

BTC 1 BABA FEB4 15 105 call (BABA150227C105STC 1 BABA Jul-15 105 call (BABA150717C105) for a credit of $1.82  (selling a calendar)

BTC 1 BABA Feb-15 110 call (BABA150220C110) for $.01 (no commission)

 STC 1 BABA Jul-15 110 call (BABA150717C110) for $1.23

BTO 2 BABA Apr-15 87.5 calls (BABA150417C87.5)
STO 2 BABA Feb-15 87.5 calls (BABA150220C87.5) for a debit of $2.67  (buying a calendar)

Be prepared to change these price limits by $.05 or more in order to get an execution.  

 
Happy trading.

Terry