How MKM's Jim Strugger Is Trading Alibaba

The video discusses the recent movements in the Shanghai Composite, highlighting a significant bounce after a dramatic fall, and the implications of the ongoing trade war between the USA and China. It explores opportunities in Chinese ADRs, particularly focusing on Alibaba, which is seen as a strong market player with potential upside. The video also explains a specific options trading strategy, the call butterfly, for Alibaba, detailing its structure and potential payoff.

Describe the trading strategy mentioned for Alibaba.

What is the expected payoff structure for the trade discussed?