Insider Bet on BABA

[RagingBull Elite]( Dear Undefined, It’s incredible when you think about how strong the market has been recently given all the uncertainty we still have. The S&P 500 is up 31% from its lows, and now only down 11% year-to-date. However, the smart money is still betting on stocks to keep surging. Today I want to talk to you about a specific trade I saw in the last two weeks that simply can’t be ignored. I’m referring to a monster 8-figure bet on Alibaba (BABA). A trader came in and bought 1,282 contracts of the BABA June19 $100 calls. No, that’s not a typo. When I looked, BABA did close at $209.50 on the day, so it looked like this trader utilized deep in-the-money options to take a position in BABA. Here’s how the trades hit the tape: Trade 1: 562 June19 $100 calls @111.25 $6.2m in premium Trade 2: 373 June19 $100 calls @110.90 $4.1m in premium Trade 3: 347 June19 $100 calls @110.90 $3.8M in premium All together it cost this trader a whopping $14,100,000 to put this position on. You’ll sometimes see hedge funds take these types of trades instead of buying the stock, because it costs them significantly less. So instead of buying 128,200 shares for $26.8M, they’re getting something very similar for 47% off. I wouldn’t be surprised if there is an announcement in the coming days or weeks that a major fund is taking a position in BABA. Not only does this trader believe that BABA is going to rise, they’re willing to put their money where their mouth is. Because of that, this stock is officially on my radar. Imagine having the world’s top funds feeding you their best trade ideas. That’s what it feels like when you trade with the Dollar Ace strategy. It takes a lot of the guesswork out of the equation. After all, do you really think the trader who bet $14.1M on BABA didn’t do their due diligence? Of course not. They probably had an army of analysts do some heavy research before they invested a single penny in the name. Utilizing this type of information can make you a better and more informed trader. If you can point and click then you can follow this strategy. It’s that easy. The key is learning how to turn this information into profits. [That’s why I created the Dollar Ace Masterclass.]( [After you’ve taken the class](, you’ll feel like the top hedge funds are working for you. And the beauty of it is, there are dozens of trades like this that go unseen by the general public - DAILY. But I’ll show you how to find and make money off them. [All you have to do is join the Dollar Ace Masterclass.]( [It’s 100% free.]( [Enter Now.]( [Image] Kyle Dennis RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Click Here to stop receiving emails from support@ragingbull.com]( [Unsubscribe from all RagingBull emails]( Neither Raging Bull nor RagingBull.com, LLC (publisher of Raging Bull) is registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. Users of this website are advised that all information presented on this website is solely for informational purposes, is not intended to be used as a personalized investment recommendation, and is not attuned to any specific portfolio or to any user's particular investment needs or objectives. Past performance is NOT indicative of future results. Furthermore, such information is not to be construed as an offer to sell or the solicitation of an offer to buy, nor is it to be construed as a recommendation to buy, hold or sell (short or otherwise) any security. All users of this website must determine for themselves what specific investments to make or not make and are urged to consult with their own independent financial advisors with respect to any investment decision. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. All opinions, analyses and information included on this website are based on sources believed to be reliable and written in good faith, but should be independently verified, and no representation or warranty of any kind, express or implied, is made, including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. In addition, we undertake no responsibility to notify such opinions, analyses or information or to keep such opinions, analyses or information current. Also be aware that owners, employees and writers of and for RagingBull.com, LLC may have long or short positions in securities that may be discussed on this website or newsletter. Past results are not indicative of future profits. This table is accurate, though not every trade is represented. Profits and losses reported are actual figures from the portfolios Raging Bull manages on behalf of RagingBull.com, LLC.