Power Plays Options
New Idea: BABA Calls
March 7, 2025

By Scott Redler

Alibaba (BABA) looks ready to finally power through the $145 level so I'm adding this position to Power Plays Options:

  • Long BABA March 21 $150 Calls

These calls look good in the $3.50 to $4.25 area (or lower).

I was hesitant to add new ideas, but BABA looks like a unique situation.

China still looks ready to rock and BABA is leading.

Plus it doesn't have the binary risk of the CPI report next week.

So I'm a big fan of BABA right now.

-Scott

Scott Redler Positions Disclosure as of 2025-03-07 at 10.26.54 AM

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