Bullish option flow detected in Baidu with 21,913 calls trading, 3x expected, and implied vol increasing over 3 points to 39.41%. Apr-24 120 calls and 4/5 weekly 112 calls are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.24. Earnings are expected on May 21st.
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