BUY BABA/ 8/25/21 93 CALLS
China news of a surprise rate cut actually led to a global sell off so why buy BABA? Because we’re contrarians! And the better reason is that the stock has support at 90 is down 2 days in a row and at the low end of the range which goes all the way up to $100 a share, and if China is determined to boost things, rate cuts ain’t all they’re gonna do… 1 Star trade last hour.