Spotlight on Baidu: Analyzing the Surge in Options Activity - Baidu (NASDAQ:BIDU)

Financial giants have made a conspicuous bearish move on Baidu. Our analysis of options history for Baidu (NASDAQ:BIDU) revealed 15 unusual trades.Delving into the details, we found 33% of traders were bullish, while 46% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $538,287, and 7 were calls, valued at $1,214,125.Projected Price TargetsTaking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range fro ...