Bullish option flow detected in Baidu with 8,942 calls trading, 1.1x expected, and implied vol increasing over 1 point to 56.54%. 3/10 weekly 145 puts and 3/3 weekly 150 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.62. Earnings are expected on May 18th.
Published first on TheFly
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