Im sure they will push BIDU up to $400 without a problem..its already overvalued why not push it up even more....
I am betting that it will drop. It is now Thursday afternoon around 2PM andI just purchased a NOV 290 Put @ $9.50 for $950.00 when BIDU was approx $340 and change. Wish me luck
Buy BIDU today Even if it drops it WILL rebound like it has always done But the upside is 10% or more
I'd feel better playing the NQ futures.....BIDU, like GOOG or AAPL should move the futures and you can trade it after-hours.
Why don't you sell a 280 put to make up for the vol loss. You should probably just buy 340, sell 330s and leverage up your size to give you the preferred gain (likely $5.00 per spread).
Go long now You got to take some risk to make serious money. The downside is 10%-the upside is 20% If bidu does drop it will rebound in a month or tow. You can;t lose here.
I'm assuming right after close ... that is what it says on this site http://www.earningswhispers.com/stocks.asp?symbol=BIDU