January 20, 2015  Trade Alert -  BABA Black Sheep  Portfolio

With the stock up nicely today, this would be a good time to collect some premium:

 

BTC 1 BABA JAN4 15 102 call (BABA150123C102)
STO 1 BABA JAN5 15 100 call (BABA150130C100) for a credit of $2.51  (selling a diagonal)

 

BTC 1 BABA JAN4 15 106 call (BABA150123C106) for $.05 (no commission)

 

STO 1 BABA JAN5 15 100 call (BABA150130C100) for $2.85

 

BTO 1 BABA Jul-15 100 call (BABA150717C100)

STO 1 BABA Feb2-15 100 call (BABA150213C100) for a debit of $5.66  (buying a calendar)

 

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

 
Happy trading.

 

Terry