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$Alibaba (BABA.US)$ Regardless of whether they beat on earni...

$Alibaba (BABA.US)$ Regardless of whether they beat on earnings and revenue tomorrow, the significantly greater quantity of DEEP ITM puts versus calls suggests that this will tank tomorrow no matter what. Deep ITM contracts are very expensive and retail doesnt buy them. Retail buys cheap OTM or ATM options. Institutional money is set up to win if the BABA prices falls… So thats what will happen tomorrow. Hedges control the game. Apes that fight them lose their ass. Its snart to be on the side of the trade that the smart money is. don’t say you weren’t told.
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