Charlie Moon joined Schwab Network to break down a live options trade on Alibaba and share his take on what the broader market is really telling traders right now. Here’s the setup and what he’s watching.
Charlie covers:
- Why he’s bullish on Alibaba in the near term despite the stock still being down year to date
- The key technical level that determines whether this trade works or falls apart
- The options structure he’s using to keep risk tight while targeting significant upside
- What geopolitical developments are doing to market sentiment right now
- Why volatility is only going higher from here and what traders should be doing about it
