NYSE:BABA   Alibaba Group Holdings Ltd.
Baba has support around 165, Baba also just bounced off the of descending trend line on the one year chart. Under 163 i would play puts about 1 or 2 months out. If Baba can get over this support then it could cause the break out of the downtrend, either way my entry for calls would be around 185-190 so the risk of being faked out is very little
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