The Under on Total Exposure

We tried to pick the ugliest stocks that no one ever wanted to touch for this week's article of the week. This is opinion not advice see terms at the top of hedge fund tips calm you know nothing's guaranteed in life but you have a basket of these uncorrelated risks you do well over time and that's what we're doing. We saw a ton of unusual activity in Ali Baba this week someone bought 12,300 37 contracts on September 2023 170 call options for Ali Baba I think this is a dumb bet but I think it could actually work for them It's like very far out of the money but it wouldn't shock me so they paid about a buck