If Alibaba (BABA) reports strong Q1 earnings on May 16, 2024, its shares are predicted to pop to $78, making the May 17th $70 strike call option worth at least $8, for a 132% return in 1 month.
"If Alibaba reports a strong quarter and the shares pop even to that $78 each they've been at this year that call option will be worth at least $8 a share for 132% upside in just 1 month"