BIDU Baidu Options Ahead of Earnings

If you haven`t sold BIDU`s top:

nor the previous ER:

Then analyzing the options chain and the chart patterns of BIDU Baidu prior to the earnings report this week,
I would consider purchasing the 105usd strike price in the in the money Calls with
an expiration date of 2024-6-21,
for a premium of approximately $16.90.
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.

ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

BIDU traded at 116.07 after earnings, and the calls went up from $16.90 (when I wrote this article) to $20.05 at the close today (a lot higher intraday), for about 20% gain!