What the Options Market Tells Us About Baidu

Deep-pocketed investors have adopted a bullish approach towards Baidu (NASDAQ:BIDU), and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BIDU usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga’s options scanner highlighted 15 extraordinary options activities for Baidu. This level of activity is out of the ordinary. The general mood among these heavyweight inv…

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