tiprankstipranks

Baidu call volume above normal and directionally bullish

Bullish option flow detected in Baidu (BIDU) with 31,348 calls trading, 5x expected, and implied vol increasing almost 6 points to 39.88%. Jan-25 100 calls and Mar-25 75 puts are the most active options, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 0.26. Earnings are expected on February 26th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue