BIDU Baidu Options Ahead Of Earnings

If you haven`t sold BIDU here:

Then you should know that looking at the BIDU Baidu options chain ahead of earnings , i would buy the $105 strike price Calls with
2022-12-16 expiration date for about
$4.75 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.

Looking forward to read your opinion about it.

Trade chiuso: obiettivo raggiunto:

BIDU reached $120.39 on Dec 5. even today, Dec 8, when the stock is trading at $114.58, the calls are $11 from $4.75 at the time of the article.