Bullish
$BABA I got into options trading about 2-3 months ago so I’m still learning a ton, but I’ve been keeping my eye on placing some $230 calls on Alibaba on 1/31. My reasoning for it is because it’s supposed to report its earnings on January 28th, 2020 and I think it’s absolutely going to beat its estimates for this quarter because of the past holiday season, new analysts estimates, etc. So with that I got two questions: 1. Is there absolute positive correlation with a company reporting positive earnings & an increase in stock price? 2. What does everyone else think about Baba?
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