BABA: collect 1.05% premium from this covered call with strike at $95.
Contract expires in 2 weeks on 7th Feb.
Poor timing when selling this call 🤣🙄. BABA is spiking up now after releasing news that their AI model were also competitive against othet competitors right on Lunar New Year's Day and the market is responding positively for it.
Maybe it'll continue its march up, or retrace due to profit taking.
The call strike is above my holding average so I'll take profit either way, just the upside for the run is now determined and limited.
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