Bullish option flow detected in Baidu with 83,948 calls trading, 10x expected, and implied vol increasing over 3 points to 43.25%. 7/12 weekly 120 calls and Jul-24 110 calls are the most active options, with total volume in those strikes near 17,200 contracts. The Put/Call Ratio is 0.10. Earnings are expected on August 27th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BIDU: