LONG BABA:TRADE OF THE CENTURY

Long baba 1@140 & double down limits at 2x130, 4x88 and 8x58.

Possible to hedge with LONG $55 baba put LEAP hedging 5-10% of ur stonk notional.

Also possible to participate in the downside between 140-130 and 130-90 and 90 to 60. these key bear 'breakout' levels smart buyers may want to structure option exposure around and between to take alpha out on the downside.

this is trade of the century - trade time is 12-36m with target of 300-500 depending on ur duration preference.

why? baba is at MACRO supp level at 130-140. bears will NOT take this lvl.

institutional flows are BIG long. goldman, ray dalio, charlie munger, hsbc have ALL doubled down and MAX longed this baba dip (they have opertaions in china & relationship with government hence baba risk is over played.

short interest remains low at 2%