Mixed options sentiment in Baidu (BIDU), with shares down $6.21 near $131.69. Options volume relatively light with 43k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.47. Implied volatility (IV30) dropped 3.66 near 51.82,in the top quartile of the past year, suggesting an expected daily move of $4.30. Put-call skew flattened, suggesting a modestly bullish tone.
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