Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $232.50 short put and a strike $227.50 long put offers a potential 41.64% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $232.50 by expiration. The full premium credit of $1.47 would be kept by the premium seller. The risk of $3.53 would be incurred if the stock dropped below the $227.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Baidu is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Baidu is bullish.
The RSI indicator is at 78.11 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Baidu
Baidu Jumps to Record After Profit Margin Beats Estimates
Thu, 30 Oct 2014 21:32:25 GMT
The Top Ten Stocks for Oct. 30
Thu, 30 Oct 2014 20:17:43 GMT
Baidu Conference Call Highlights
Thu, 30 Oct 2014 19:04:52 GMT
Benzinga – Baidu Inc (NASDAQ: BIDU ) reported its third quarter earnings on Wednesday. Shares of the company are up 6 percent. Below are some key highlights from its conference call. Financial Progress: • Our focus …
Baidu (BIDU) Stock Gains On Earnings Beat
Thu, 30 Oct 2014 18:03:00 GMT
TheStreet – Baidu (BIDU) is gaining Thursday after beating analysts' estimates for earnings in the third quarter.
Stocks Improve In Afternoon Trading; Taser Surges On Earnings
Thu, 30 Oct 2014 17:25:00 GMT
Also on Market Tamer…
Follow Us on Facebook