BIDU Earnings Announcement Option Play

Baidu, Inc. Credit Spread (NasdaqGS: BIDU) TheOptionPlayer.com recommends a Baidu (BIDU) short-term (7-day) bearish option strategy. Investors could simultaneously: Sell the February one-week expiration BIDU $155 call for 1.53 (yesterday’s closing price) AND Buy the February one-week expiration $160 put at .86 (yesterday’s close) The difference between funds received and paid out is a .67…

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