Reallifetrading

Bull put spread on BABA

NYSE:BABA   Alibaba Group Holdings Ltd.
I just lost on this directional swing.
Updated stop on option
So, it seems BABA will stay 'bullish to neutral' for a while. Looking at getting into this BPS if it triggers sometime today or tomorrow. I won't stress out about this one unless it closes below the 200 SMA


Comment:
So far, I'm loving this spread!! :)
Comment:
I plan on buying to close our BABA bull put spread for a NICE gain tomorrow to free up margin.

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