In the throes of database hell yesterday, I closed my BIDU puts at a good profit, because I knew they were reporting the next morning (that is to say, THIS morning) and I didn’t want to take the chance. Good thing, too, because the shares popped up about 9%. Looking at the chart, it seems a tasty time to get right back in again.

The longer-term chart looks treacherous. Anyway, I’ve required June $165 puts.

