@olivejim

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There is no telling how long and deep the CCP's crackdown on capitalism will go. But $BABA is essential infrastructure trading at 50%+ discount to comparable peers in the US. Legging in now might be interesting.

Options can help build in even more margin of safety.
$BABA make up to 23% and only start to lose if shares fall below $163. Buy $195 call, sell $230 call, and sell $165 put expiring 6/17/22.