Baidu, Inc.Short
$BIDU Uptrend Breakdown - Bearish Options Activity
BIDU Broke down out of its recent uptrend yesterday after negative earnings reaction last week. 24M traded today in March 15th 195.00/200.00 strike puts (deep ITM) for very high per contract premium
Near term target - sub-$150 by mid-March
Note: Informational analysis, not investment advice.
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