BIDU bearish play with 50/50 shot and large upside with smaller downside


The DirectorThe Director
The DirectorThe Director
Rumor has it BIDU about to do very poorly post earnings. Here can lose ~$1000 if goes up sharply. If down 20% this option play would be profitable to tune of $5k. Buying power reduction of $2000 11/2/19
The DirectorThe Director
Puts bought are “free” as trade has a net credit. Still can lose significantly if BIDU goes up sharply 11/2/19