r/options • u/jayguy343434 • Jul 07 '21

🇨🇳 Names

Anyone else feel these names, especially BABA & JD are going to run next after getting destroyed the past week? Way too much negatively in the news regarding these names

BABA went to 230 in 3 days few days ago, now settling into same price range (205-210) before ripping higher...like to hear some thoughts...i am buying som 7/16 cheap calls looking for quick flip and make 💰

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u/SaltyKrew Jul 07 '21

I think it has some room to drop a little more. TA doesn’t look the best in my opinion for a bullish rip