Then you should know that looking at the BIDU Baidu options chain ahead of earnings , i would buy the $105 strike price Calls with 2022-12-16 expiration date for about $4.75 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Trade closed: target reached
BIDU reached $120.39 on Dec 5. even today, Dec 8, when the stock is trading at $114.58, the calls are $11 from $4.75 at the time of the article.
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