Alibaba Presents a Rebuy Opportunity After Covered Calls

17 days ago

Paul

"Alibaba, our fourth stock, is one that I lost to covered calls but is now approaching my target entry price. I lost it around 140 per share and I'm hoping it falls back to that level to buy it back. Despite recent volatility, Alibaba is showing signs of a long-term rebound fueled by its massive AI push and operational streamlining. I remain patient, waiting for a better entry point where the fundamentals align with the price, allowing for significant upside over the coming years."

Paul discusses his experience with Alibaba, noting that he was forced out via covered calls and is now eyeing a re-entry at around 140. He cites the company's renewed focus on AI and operational improvements as catalysts for a long-term rebound.

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