Altaba (AABA) is no Alibaba

Jon Lewis

Altaba (NASDAQ: AABA) is an investment management company born out of the sale of Yahoo! Inc.’s Internet business to Verizon (NYSE: VZ).

Yes, that Yahoo…the same one we’ve gone “back to the well” and traded the “bearish” side of this stock for quick profits before.

Many investors think AABA is a proxy for Alibaba (NYSE: BABA), since Altaba’s main asset is a 74% share ownership of the Chinese “Amazon” giant. However, the recent trade war with China has created a lot of uncertainty in AABA causing the implied volatility to skyrocket giving us another ripe trade opportunity.

Let’s do it again. Altaba is no “Alibaba”. Watch my latest Trade Scan video to find out how you can take advantage of ABBA’s China exposure and capture a rich credit for yourself.

Find out how I make money in the options market every day (even weekends) with my “80-20” Trade Scan Strategy. Download my FREE Guide:  5 Costly Mistakes Every Option Trade Makes and start winning 75% to 80% of your trades Selling Overpriced Options.

About The Author

Meet Jon Lewis, With over 20 years of real experience, teaching AND trading, Jon will help you learn to use options profitably and safely in portfolios of any size.

His advantage, and now yours, is using simple, often overlooked spread options strategies which generate consistent income without significant risk.