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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 20,794 calls trading, 4x expected, and implied vol increasing almost 7 points to 64.32%. 12/2 weekly 110 calls and Dec-22 95 puts are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.44. Earnings are expected on March 1st.

Published first on TheFly

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