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Baidu, Inc. Message Board

  • steve.kandalam steve.kandalam Feb 21, 2012 1:10 PM Flag

    Options OI at 140

    Retail investors have to understand that buying options just out of the money does not help- the higher the OI- the greater the resistance.
    That is why the stock is moving lower- if you are long 140 calls- in feb- please sell and buy the march series- if you insist on holding- you will not win this game against the MM"s- please liquidate your 140 strikes now and buy march 140's instead- if the OI stays above 1K contracts tomorrow- this stock will not move beyond 140- bu it will not go below 130

176.76+1.59(+0.91%)Oct 21 4:00 PMEDT