BIDU Baidu Options Ahead of Earnings

١٩ أغسطس ٢٠٢٣

If you haven`t sold BIDU here:

or reentered on this dip:

Then analyzing the options chain and the chart patterns of BIDU Baidu prior to the earnings report this week,
I would consider purchasing the 115usd strike price Puts with
an expiration date of 2024-3-15,
for a premium of approximately $10.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.