there are going to be some great setups in goog and bidu today for u options traders.. after shorting BIDU after hours last night on my cell (google cell phone with the ameritrade application-iStockmanager), I covered and left over $12,000 on the table by not waiting until this morning to cover. WTF! will try and be more patient with the options trades GOOG today: likely, lots of shorts went in GOOG hoping the BIDU weakness would spill over...The MM's are gonna keep it up (currently at 548.52) and likely try and rally it to shake off the shorts. Then they'll tank it later in the day. the trade: wait for a GOOG rally, and go long Nov puts, either ITM or OTM. BIDU: this one is gonna be tricky. Neke, if u are playing bidu today, i pray u have good luck with it cause it can be pretty wicked. sometimes, u have to be in real pain before u see green due BIDU's volatile nature. the low premarket was 346.50 so far. its now up almost 9 points from there to 356. There will likely be some rally , for short covering reasons and bottom fishers. the trade: when BIDU rallies, go long the Nov puts, either ITM or OTM, whichever u prefer. Just be very careful with this one and SCALE into positions. good luck all. will post more screenshots if I trade these guys today.