BIDU Archives - CBOE Blogs

  • Strategy | Aug 11, 2016, 9:59 AM

    How Admiral Beat Maury at His Own Game

    How Admiral Beat Maury at His Own Game

    Maury felt pretty smug about taking the Admiral’s FB trade, however, he was not prepared for BIDU. The Admiral had his mojo working as he went stalking an uber Maury trade, and it ended up a doozie! On 7/28, BIDU was scheduled to report earnings after the close. The Admiral sent out a Bearish 3x9x6 AUG Put Vertical Ratio Spread: +160/-145/+140 strikes, paying $2.35 x 3 While EPS was slightly above expectations, BIDU opened down and the Admiral sent an order for a partial exit #732A: Sell[...]

  • VIX | Blogging Options | Trader Talk | Apr 30, 2015, 11:49 AM

    CBOE Mid-Day Update 4.30.15

    CBOE Mid-Day Update 4.30.15

    Volatility as an asset class TASER (TASR) is recently up $2.60 to $30.71 on better than expected Q1 results, primarily driven by increased TASER X26P and TASER X2 Smart Weapon sales. May call option implied volatility is at 45, June is at 41, September is at 43; compared to its 26-week average of 53. WWE (WWE) is recently down 55c to $13.81 after the entertainment company reported Q1 EPS 13c, compared to consensus 2c.  May call option implied volatility is at 41, June is at 40, July is at 37;[...]

  • VIX | Blogging Options | Trader Talk | Feb 12, 2015, 12:17 PM

    CBOE Mid-Day Update 2.12.15

    CBOE Mid-Day Update 2.12.15

    Stocks push higher on calming of tensions in Ukraine.  Gold and Oil off fractionally, 10-year yield off 2-basis points.  European equities closed higher, FTSE up 9.96 points. Option activity picked in the first half of todays session.  With ~10.2 mm options contracts trading, SPX with 555K, VIX options showed 290K, 1.4mm SPY options change hands.  AAPL traded 1.25m contracts, BIDU, CSCO and GOOG options fairly busy. Baidu (BIDU) is down $9.98 to $204.72 after the Chinese internet[...]