I’ve said in the past few Weekly Updates that I was keeping Alibaba (BABA) on my radar. As I mentioned, I wanted the stock to pull back to the mid-$80s before we made any moves, and we’re now there. BABA has dipped back below $86, and I think buyers will step in again and move the shares higher. Buy to open BABA November $80 calls (exp. 11/14) at $7.90 or under. This is an aggressive trade.