Alibaba (BABA) is trading well today after its recent weakness, and the stock remains a good candidate for year-end buying. I believe we’ll see shares continue to move higher in the final weeks of 2014, so I recommend that you buy to open BABA December $100 calls (exp. 12/26) at $8.10 or under.
BABA $100 Calls: New Aggressive Trade
Alibaba (BABA) is trading well today after its recent weakness, and the stock remains a good candidate for year-end buying. I believe we’ll see shares continue to move higher in the final weeks of 2014, so I recommend that you buy to open BABA December $100 calls (exp. 12/26) at $8.10 or under.