Bullish flow in Baidu (BIDU), with shares up $3.97, or 3.69%, near $111.57. Options volume running well above average with 123k contracts traded and calls leading puts for a put/call ratio of 0.2, compared to a typical level near 0.42. Implied volatility (IV30) is higher by 4.3 points near 43.63,and above the 52wk median, suggesting an expected daily move of $3.07. Put-call skew flattened, suggesting a modestly bullish tone.
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