BIDU Calendar spread MAY 2017

[Vancouver]

 

Hi guys, it's been a while...

 

BIDU reports on April 27 (confirmed).

I entered a 3-week P175 calendar today @ $1.09 & 1.10. Long May 19, short April 28.

We paid in the previous cycle $1.40 & $1.45 for a similar spread (strikes were slightly higher). Sold it for $1.45 & $1.60.

 

So if history repeats itself, current entry prices are very attractive.

 

 

[Paul]

Thanks

[equus]

Good to have you back Vancouver...

[Yowster]

ditto... nice to see you post again.

[Kim]

Thanks @Vancouver Members like you is what makes our community the best options trading resource.