One more comment on making money from BABA:
For those interested in the dark side of the force, check out the payoff graph for a “call ratio backspread”.
You make a (usually very small) profit it the stock price falls, also capped.
You lose a little if the stock price is flattish or rises only modestly, the loss capped and known in advance.
You make an unbounded amount of profit if the stock price soars.
Heads I win, tails I don’t lose much.
Jim