Reported about 8 hours ago
In a recent discussion on Yahoo Finance, options trading expert Bob Lang analyzed Alibaba's upcoming earnings report, scheduled for August 29. He highlighted that while the stock has been relatively strong, its movement is closely tied to the Hong Kong market. Lang suggested an options play involving a $125 call for October, priced around $10.5 to $11, predicting potential upward movement beyond $130 towards $145 or $155 by the end of October.
Source: YAHOO