Baidu, Inc. Message Board

I'm actually a fundamentalist, not a technician, so I'd be out of my depth trying to guess Bidu's very short term price moves.

But if we move out to a few weeks perspective, I feel reasonably confident that Bidu will runup in anticipation of it's earnings announcement (not yet scheduled, but possibly Feb 2nd), followed by a sell off afterward.

I expect the peak price to be on earnings date +/- a day or two. This is in accord with what Bidu has done historically, but of course, markets like to make all of us look foolish from time to time, so please accept my opinion with a side order of good, healthy skepticism.

hmmm26... What are you thinking the next move on Bidu is going to do? According to my charts. It could swing either way.

Yeah, I hear ya.

I only bought a small position in those 125 weeklies, at 1.06

I appreciate the advice, but I only buy puts or calls......just my nature. Not to tick off the stock Gods, but I've done rather well over the years. With that being said, I'm getting NO vibe right now on which direction this is headed, but feel there's a 60-40 shot it goes down. Not enough of a conviction for me to pull the trig. 80-20 is my #.

Absolutely.

If so, join the big boys and sell the 130 weekly call. You can buy the 135 for a dime to limit your loss to $4.50.

But grab this trade while it still has .68 available on the bid!

Do you have the ability to sell options at your broker?

http://www.youtube.com/watch?v=uBvbJNlKeUs

Over? Maybe, maybe not. The above is a taste of things to come. This race for the WH will be ruthless.....