Bullish option flow detected in Baidu (BIDU) with 45,408 calls trading, 5x expected, and implied vol increasing almost 6 points to 41.35%. Sep-25 110 calls and Jan-27 80 calls are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.37. Earnings are expected on November 20th.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BIDU:
- Unusually active option classes on open September 8th
- Uber and Momenta to Test Autonomous Vehicles in Munich as Robotaxi Rivalry Heats up
- Baidu price target raised to $95 from $85 at Susquehanna
- BIDU, TECHY: Alibaba’s (BABA) $50 Billion Surge Lifts Chinese Tech Stocks
- Baidu’s Earnings Call: AI Growth Amid Revenue Challenges
