Daily Archives: May 24, 2011

BIDU credit put spread

Posted on May 24, 2011 by admin

I purchased a put spread of BIDU today: long weekly 120 put, short weekly 125 put.  Credit: $0.4.  4 days to expire.  The reason I chose 120-125 is b/c that area (see above) shows a lot of support.  I don’t believe … Continue reading →

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