Vancouver Posted July 2, 2015 Posted July 2, 2015 Entered a 3-week calendar P200 spread on BIDU today @ $1.38. Long August 21, short July 31. Based on option prices BIDU should report on the week ending July 31 (Optionslam is estimating July 23, but prices don't support that). During the Feb 2015 cycle, we entered a 1-week spread for $0.80 & $0.85, and exited at a loss for $0.68 & $0.60 The current ATM spread trades at $0.53 now, which hints that prices are low. So if history repeats itself, we should see the 1-week spread at much higher prices in the next few weeks. I bought the 3-week spread to have more liquidity using the Aug monthly options but the 1-week spread at these prices looks like a good play as well. 2 Quote
Vancouver Posted July 9, 2015 Author Posted July 9, 2015 Added the 1-week P190 spread as well @ $0.53-$0.54 during the past couple of days. Quote
Optrader Posted July 9, 2015 Posted July 9, 2015 I exited yesterday since stock moved a lot and looming greece and china unstable Iv did come down today to renter Will try again as it stabilizes Quote
4REAL Posted July 9, 2015 Posted July 9, 2015 Baidu to Report Second Quarter 2015 Financial Results on July 27, 2015 http://ir.baidu.com/phoenix.zhtml?c=188488&p=irol-newsArticle&ID=2065572 Quote
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