$BIDU Uptrend Breakdown - Bearish Options Activity

٢٧ فبراير ٢٠١٩

BIDU Broke down out of its recent uptrend yesterday after negative earnings reaction last week.

24M traded today in March 15th 195.00/200.00 strike puts (deep ITM) for very high per contract premium

Near term target - sub-$150 by mid-March




Note: Informational analysis, not investment advice.