Bullish option flow detected in Baidu (BIDU) with 24,778 calls trading, 3x expected, and implied vol increasing almost 5 points to 47.76%. Jun-25 95 calls and May-25 95 calls are the most active options, with total volume in those strikes near 7,700 contracts. The Put/Call Ratio is 0.16. Earnings are expected on May 21st.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BIDU:
- Baidu Stock (BIDU) Races Higher as Apollo Robotaxis Get Set for Touchdown in Europe
- Baidu plans to test driverless taxi in Europe, WSJ reports
- Morning Movers: Tariff pause jumpstarts stocks after U.S. and China reach deal
- US officials say deal reached with China to cut trade deficit, Reuters reports
- Apple (AAPL) Scrambles to Regain Chinese Market Share as Trade War Intensifies