Alibaba (BABA) has made a solid rebound over the last week, and I see this momentum continuing into December with the chart set for a further technical bounce. This is a good opportunity to roll our current position into a later expiration to ride out this rally. Sell to close BABA November $110 calls at $3.30 or better and roll them into the BABA December $111 calls (exp. 12/5) at $3.70 or under.
Most brokers should let you do this in one transaction, so you may want to check with yours to save on transaction fees. If not, you can still conduct the trade in separate transactions by selling our current calls and buying the December ones.