@AyKing:I opened 1.0 unit(s) $BABA VERTICAL 250502 PUT 125.0/PUT 120.0$ ,In the daily chart, I am taking the view that Baba is currently trading in a range between $127 to $148. Since price has dropped to the lower level, I have decided to open the Bull Put spread with the short put at $125. I may plan to cut loss or roll to lower strikes if the price drops below $125. $BABA VERTICAL 250502 PUT 125.0/PUT 120.0$ Happy trading😁