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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BIDU:
- Apple, Baidu haven’t yet agreed on AI deal, AppleInsider reports
- Hong Kong Stocks: Baidu Shares Signal Over 50% Growth Potential
- Citron keeps $200 target on Baidu, says ‘underappreciated name in AI’
- Apple to use Baidu’s AI on iPhone 16 in China, SCMP reports
- Joyy downgraded to Neutral from Buy at BofA