Bullish option flow detected in Baidu with 22,588 calls trading, 2x expected, and implied vol increasing over 2 points to 54.43%. Mar-23 145 calls and 3/24 weekly 150 calls are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.47. Earnings are expected on May 18th.
Published first on TheFly
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