Bullish Bets on Baidu: Options Traders Pounce on Big Earnings Beat
Options traders are making bullish bets that Baidu’s post-earnings rally could get much bigger after the Chinese tech giant reported strong results.
Stay updated with breaking news from Optimize Advisors. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Options traders are making bullish bets that Baidu’s post-earnings rally could get much bigger after the Chinese tech giant reported strong results.
As Tesla prepares to report earnings after the bell on Wednesday, bullish options traders are betting the results could kick this EV stock into high gear
As Tesla prepares to report earnings after the bell on Wednesday, bullish options traders are betting the results could kick this EV stock into high gear
"Right now, the options market is implying that Lyft could move about 8.4%, or so, higher or lower by the end of the week. That's somewhat less than the 10% that the company has averaged the week they reported in their eight reported quarters as a publicly traded company," Michael Khouw, chief investment officer at Optimize Advisors, said Monday on CNBC's "Fast Money." That slightly lower-than-average implied move may be indicative of more muted betting, but it certainly isn't indicative of a unified thesis in the options market. "Puts out-traded their average volume by about two times, and t...
"Right now, the options market is implying a move of about 5% after [Apple reports]. That, too, is consistent with the 4.7% the company has averaged over the past eight reported quarters. The most active options were the weekly 135-strike calls. Over 43,500 of those calls traded for about $2.60," Michael Khouw, chief investment officer at Optimize Advisors, said Tuesday on CNBC's "Fast Money." Those calls expire this Friday at a break-even stock price of $137.60, or 2% higher than where Apple closed Tuesday's session. That's well within the realm of possibility given Apple's post-earnings his...