Whales buying calls. Seeing on Alibaba (BABA) 8000 October $95 calls being bought by a whale from $2.28 to $2.38 (bullish for China in year end) I’ll refer back to this when we bank hard.#stocks #investments
8000 but picture shows 5000.
That’s how we do it baba up 5% up almost $700k
Is this 5000 contracts?
Ah I see so yes