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Baidu call volume above normal and directionally bullish
The Fly

Baidu call volume above normal and directionally bullish

Bullish option flow detected in Baidu with 44,249 calls trading, 3x expected, and implied vol increasing over 4 points to 49.93%. 2/23 weekly 110 calls and 2/23 weekly 115 calls are the most active options, with total volume in those strikes near 10,900 contracts. The Put/Call Ratio is 0.10. Earnings are expected on February 28th.

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