Bullish option flow detected in Baidu with 20,794 calls trading, 4x expected, and implied vol increasing almost 7 points to 64.32%. 12/2 weekly 110 calls and Dec-22 95 puts are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.44. Earnings are expected on March 1st.
Published first on TheFly
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