 Good evening everyone and welcome. This is Melissa Arma with StocksWish and here today I'm reviewing BABA I called this as an option trade today very early this morning before the open sent the letter out for the option letter and It was a huge call. I'm just making call after call lately. I really do have I have the golden Midas touch myself here This is still higher Whoever the earnings are next week So the thing to do is to exit the trade before the earnings because you don't you don't know what it's going to do After the earnings, although it could continue higher So I called the 120 calls in an option trade on BABA this morning It ran up into the strike and it and obviously it still has several days left Before the earnings, but I called the trade out for past that it's just you know You've got to get out of profit here and today was a here. This is get this is moving up tonight Which is up in the aftermarket just seen that now 120 14 Yeah, that's on its own So this is doing its own thing So BABA made a brand new all-time high today in the trading day and it's higher and it's it's it's higher So it was a really really nice call for people in the letter and how do I do this? The the the ironic thing is I call this today. I started teaching a bullish gap class today The stock gapped up this morning and I saw it. I don't even know the reason for the gap up It doesn't matter. I saw the gap. I saw it would rally. I saw 120 was in sight The closer you can get to this strike the more beneficial it is for you Obviously sometimes you pay up for that, but the price of this was good It was not crazy and it did run up. It ran up all day it power-trended basically the whole day and You know the market made new highs again today in the QQQs So this worked where does it go tomorrow? We'll have to see I can't tell until I see where it's actually gapping in the pre-market tomorrow morning But tonight in the post market it is up 709 it's up tonight and it and it got near that area which it touched I mean it looks like if this market hadn't closed at four o'clock Which is when we closed that they would have traded up higher. I mean it looks like it just ran out of day Look here. Actually. What was the close was actually right at? 199 I mean it touched 120 and then basically the market closed Poor thing You know bottom line is you could still be in it It's got time, but the earnings are next week So you were the best thing to do when you're up in this trade which you're up And if you did it today you could get in today get at it today You kind of get in it today you can hold it until next week. You could have a nice big push run up I have to see where gaps tomorrow, but I see follow-through in this for sure Whether it happens tomorrow or takes one to two days 122 123 125 dream target on this before the earnings, which is the 18th I have to look and see if it's in the morning or the night time Bob I usually reports in the morning for For us, so it's probably morning of the 18th But either way this should have a follow-through rally And even if you did it this morning in the call and get out today was a really nice trade I mean to be able to take something to have to go right into the money is always the best thing to do So we'll keep watching we'll keep seeing we'll keep We'll keep seeing what once we get and I will be watching this after the earnings as well to see if it gaps up If it gaps down if there's a call on it was it anything to do if I can day trade it if there's any options in it I will look at that after it gaps after the earnings, but for now I call this this morning. It worked I'm just on fire lately. I'm gonna stay focused. I've got to stay really serious I have to just stay focused focused focused sometimes when you're calling a lot of good trades and and I've absolutely am you You got to remind yourself every day stay focused stay focused read the chart Because sometimes you can you can get all crazy and excited about the money and the trades, but I'm just gonna stay focused here and what I'm doing in concentrate So wonderful one here today in Baba. Good job. Those of you that did it in the gap option letter And we'll see you we get tomorrow. Have a great day everyone