$Alibaba(BABA)$ I watched these options all day, bought a bunch of the $79 strike CALLs @ $.80 each when BABA was up 1% on the day.

BABA hit $78.85 up 2.3%...was only up about 10% with exp on 8/9.

As we closed the day, this came down 1% to close the day + 1.3% roughly and I was down 33%.

The Options did not move normally, and the only thing I could think is they wanted people to close out their calls before the rip this week. $90-$100 on deck! Massive move incoming IMO![Lovely][Lovely][Lovely]

# Do You Still Have Confidence in Alibaba?

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