Long BIDU by selling Put Spread Aug 170/165 Largo

Baidu, Inc.NASDAQ

Descripción

⋅ 30 de Jun. de 2017 14:58

Bidu seems found support and the pull back bottoms were in upper trend.

Position
Sell Put Spread: -1x170, 1x165
Premium: $1.21
Breakeven: $168.79
PoP: 69.48
Target Profit: 50% of the premium.