Moving Average Break in $BABA Rewards Bears

In the Lighthouse Point Platinum Option Trading Service we discussed the moving averages in BABA.  With the price break and our broken support levels combined… we saw an opportunity as the market was moving down slightly.  Subscribers jumped into the puts and road them down for about an 80% profit!

The below image is a recap from our webinar and Mark H. stated that he was able to get 80% return on this trade.

This was a quick trade that broke our support level quickly and subscribers were able to take their option trading profit and exit!