$Alibaba(BABA)$ It's hard to picture a situation where a stock gets a string of positive news, shifts its whole story, and starts climbing, yet someone keeps buying puts day after day as it rises.
125BMarket cap of $64B, net cash of $64B...so paying $61B for a company expected to generate $15B of free cash flow in 2026. That's ridiculously cheap. The market must be assuming that FCF will drop off a cliff in the future for PDD to be trading at these levels.
$Amazon.com(AMZN)$ Crypto tends to reward those who learn ahead of the crowd. Often, ignorance turns it into something people fear. They choose to laugh at it rather than make an effort to understand blockchain.