By buying the calls to open, the traders expect BABA to resume its uptrend through tomorrow's close, when the weekly options expire. Specifically, the volume-weighted average price (VWAP) of the calls is $1.52, meaning the buyers will make money if BABA retakes $118.52 (strike plus VWAP) by the end of the week. Profit potential is theoretically unlimited north of breakeven, while risk is capped at the initial premium paid for the calls, should BABA remain south of the strike through the option's short lifetime.作者: tianfangye 时间: 2014-11-13 22:42