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Baidu call volume above normal and directionally bullish

Baidu call volume above normal and directionally bullish

Bullish option flow detected in Baidu (BIDU) with 34,192 calls trading, 1.5x expected, and implied vol increasing almost 2 points to 42.66%. Apr-25 100 calls and 3/28 weekly 100 calls are the most active options, with total volume in those strikes near 5,900 contracts. The Put/Call Ratio is 0.14. Earnings are expected on May 15th.

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