Baidu Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Baidu (NASDAQ:BIDU), with a large position indicating a bullish stance. The sentiment among these big-money traders is split between 58% bullish and 41% bearish. Whales have been targeting a price range from $120.0 to $180.0 for Baidu over the last 3 months. The price of BIDU is up 5.34% at $150.46. Several experts have maintained or downgraded their ratings on Baidu, with price targets ranging from $175 to $222.
September 01, 2023 | 2:47 pm
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Baidu has seen unusual options activity, with a large position indicating a bullish stance. The price of BIDU is up 5.34% at $150.46.
The unusual options activity, particularly the large bullish position, indicates that there may be significant movement in Baidu's stock price in the near future. This, combined with the recent price increase, suggests a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100