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Bob Baerker
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How to save Buy call with sellsalvage money from a call option that has lost value?

I placedbought a buy12/06/19 $202.50 call Optionoption on Alibaba, Strike Price of $202.5 and paid a premium of for $2.45. The contactcall is expiring on 12/6/19currently trading for about 25 cents and right now iI have lost almost all my money as Stock price wentbecause BABA has dropped to about $194. So, how can i save

Is there a way to salvage this call money? Should I place a Sell call,Call order and if i didso, how much money can i save. Also, all these calls were made on Robinhoodcould I save?

How to save Buy call with sell call?

I placed a buy call Option on Alibaba, Strike Price of $202.5 and paid a premium of $2.45. The contact is expiring on 12/6/19 and right now i have lost almost all my money as Stock price went to $194. So, how can i save this call money? Should I place Sell call, and if i did how much money can i save. Also, all these calls were made on Robinhood

How to salvage money from a call option that has lost value?

I bought a 12/06/19 $202.50 call option on Alibaba for $2.45. The call is currently trading for about 25 cents and I have lost almost all my money because BABA has dropped to about $194.

Is there a way to salvage this call money? Should I place a Sell Call order and if so, how much money could I save?

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Please help me from losing $4600 How to save Buy call with sell call?

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