01 — BABA · COVERED CALLS

Best BABA covered calls setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

ADR with two-track volatility: company fundamentals plus China policy and US-listing risk overlay.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Alibaba
Consumer / Tech (China)
BABA
$140.06+9.7% / 30d
IV rank (1y)
40.3% · moderate
Next earnings
May 13
Market cap
$336.0B
P/E (fwd)
19.0
Option vol
38K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on annualized return, premium, and probability of profit.

Days to expiration
Probability of profit
Sort by
Top pick
$147 call · May 29
21 DAYS · 4.3% OTM · SELL TO OPEN
Credit
$460
Annualized
56.7%
PoP
61%
StrikeExpirationCreditAnnualized PoP
$148
5.0% OTM
May 29
21 days
$400
$4.00 / share
49.31%63%
$149
5.7% OTM
May 29
21 days
$400
$4.00 / share
49.31%65%
$149
5.7% OTM
Jun 5
28 days
$530
$5.30 / share
49%63%
$150
6.4% OTM
May 29
21 days
$372
$3.72 / share
45.86%66%
$148
5.0% OTM
Jun 5
28 days
$494
$4.94 / share
45.67%61%
$150
6.4% OTM
Jun 5
28 days
$435
$4.35 / share
40.22%65%
$150
6.4% OTM
Jun 12
35 days
$510
$5.10 / share
37.72%63%
$152.5
8.2% OTM
May 29
21 days
$305
$3.05 / share
37.6%71%
$152.5
8.2% OTM
Jun 5
28 days
$380
$3.80 / share
35.13%69%
10 of 31 matchesCustomize filters →

03 — Strategy

Covered Calls, plainly explained

Neutral-to-mildly bullish traders focused on steady premium collection.

P&L at expiration · $147 call · 21 DTE

$0+$1,060losses$136.40 BREAKEVEN$147 STRIKE

Key numbers

Premium collected+$460
Max profit+$1,060
Breakeven$136.40
Capped above$147
Probability of profit61%
Days to expiration21

When this trade makes sense

Use when

  • You already own 100+ shares of the stock
  • You'd be fine selling at the strike price
  • You think the stock goes flat or slightly up
  • IV rank is elevated — premiums are rich

Avoid when

  • You think the stock is about to rip higher
  • You're attached to the shares (tax, conviction)
  • Earnings are inside the expiration window
  • Premiums are unusually low — nothing to collect
Read the full covered calls guide →

05 — RUN IT LIVE

See the highest chance of profit on BABA.

Option Agent scans live chains and recommends setups based on current market conditions.

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Option Agent is not a registered investment advisor, broker-dealer, or financial planner. All analysis, recommendations, and data are for informational and educational purposes only and do not constitute personalized investment advice. Options trading involves substantial risk of loss and is not suitable for all investors. Past probability calculations do not guarantee future results. Consult a qualified financial advisor before making investment decisions.