Alibaba (BABA) shares rise after reports its A.I. chip received a big order from China's Unicom. Rick Ducat zooms out on BABA's chart going back to the peak-COVID pandemic levels to show how far it has fallen. Over the past year, Rick says its shares have risen to a +2 Standard Deviation channel showing significant moves over the last year. Later, Tom White demonstrates an example options trade for BABA. He utilizes an iron condor strategy with a neutral direction.