We like BABA and we own this stock. There is a chance that we get called away @105. We bought this stock for 83,31 and sold now puts on Feb21´25 @ 80, time will tell.
Our October covered call @ 65 was expiring today and to market open the option jumped to a +70% profit and we immediately closed the options. We sold now new covered calls on Jan17´25 @ 72,5 and Mar21´25 @ 75, time will tell.
Our Jan17´25 put @105 is closed in profit and we do not hunt for IBKR anymore. Although this is the best broker for us, the options are not very liquid so that we are out of this stock.
We closed our Dec and Mar calls and wrote new ones for Mar and Jun 25. We plan to maneuver out of this stock. We are only interested in optionable stocks with high liquidity, which this stock has not.