Trade of the Week: BABA | Investors Alley

Trade of the Week: BABA

June 13, 2022 6:30 am by Jay Soloff

Subscribe to all of Jay Soloff’s free trading research

Chinese stocks saw a significant amount of options activity last week when Chinese regulators appeared to ease up on some restrictive practices. Chinese internet giant Alibaba (BABA) was up 15% in a day, while trading over 1 million options. It looks like some of the biggest block trades were bullish call purchases in September and January.

Information contained in this email and websites maintained by Magnifi Communities LLC are provided for educational purposes only and are neither an offer nor a recommendation to buy or sell any security, options on equities, or cryptocurrency. Magnifi Communities LLC and its affiliates may hold a position in any of the companies mentioned. Magnifi Communities LLC is neither a registered investment adviser nor a broker-dealer and does not provide customized or personalized recommendations. Any one-on-one coaching or similar products or services offered by or through Magnifi Communities LLC does not provide or constitute personal advice, does not take into consideration and is not based on the unique or specific needs, objectives or financial circumstances of any person, and is intended for education purposes only. Past performance is not necessarily indicative of future results. No trading strategy is risk free. Trading and investing involve substantial risk, and you may lose the entire amount of your principal investment or more. You should trade or invest only “risk capital” - money you can afford to lose. Trading and investing is not appropriate for everyone. We urge you to conduct your own research and due diligence and obtain professional advice from your personal financial adviser or investment broker before making any investment decision.

Investors Alley, a division of TIFIN Group LLC, is affiliated with Magnifi via common ownership. Investors Alley will receive cash compensation for referrals of clients who open accounts with Magnifi.

Magnifi LLC does not charge advisory fees or transaction fees for non-managed accounts. Clients who elect to have Magnifi LLC manage all or a portion of their account will be charged an advisory fee. Magnifi LLC receives compensation from product sponsors related to recommendations. Other fees and charges may apply.

Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk.

Mutual Funds and Exchange Traded Funds (ETFs) are sold by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other information about the investment company, can be obtained from the Fund Company or your financial professional. Be sure to read the prospectus carefully before deciding whether to invest.

Trade of the Week: BABA

The Best Way to Get Double-Digit Income from ETFs

10 Highest Yield Dividend Stocks Going Ex-Div This Week

The Three Things You Should Be Doing About Yesterday’s Inflation “Surprise”

The High-Yield Stock for Energy Investing

Trade of the Week: WBA

Investors Alley