Baidu (BIDU) Offering Possible 6.61% Return Over the Next 7 Calendar Days

Baidu's most recent trend suggests a bearish bias. One trading opportunity on Baidu is a Bear Call Spread using a strike $98.00 short call and a strike $103.00 long call offers a potential 6.61% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $98.00 by expiration. The full premium credit of $0.31 would be kept by the premium seller. The risk of $4.69 would be incurred if the stock rose above the $103.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Baidu is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Baidu is bearish.

The RSI indicator is at 38.62 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

SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Baidu, Inc.
Thu, 07 May 2020 03:30:00 +0000
WILMINGTON, DE / ACCESSWIRE / May 6, 2020 / Rigrodsky & Long, P.A. announces that a complaint has been filed in the United States District Court for the Northern District of California on behalf of all …

SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS BIDU, GRPN INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits
Thu, 07 May 2020 02:50:10 +0000
NEW ORLEANS, May 06, 2020 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending.

Baidu Inc. (BIDU) Gains As Market Dips: What You Should Know
Wed, 06 May 2020 21:45:09 +0000
In the latest trading session, Baidu Inc. (BIDU) closed at $97.08, marking a +1.37% move from the previous day.

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of VMW, EHTH and BIDU
Wed, 06 May 2020 18:10:00 +0000
NEW YORK, NY / ACCESSWIRE / May 6, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. A class action has commenced on behalf of certain shareholders in VMware, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) VMware's reporting with respect to its backlog of unfilled orders was not in compliance with all relevant accounting and disclosure requirements; (ii) the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny and/or investigation; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

IMPORTANT INVESTOR NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Baidu, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Wed, 06 May 2020 17:20:00 +0000
LOS ANGELES, CA / ACCESSWIRE / May 6, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Baidu, Inc. (“Baidu” or “the Company”) (NASDAQ:BIDU) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 16, 2019 and April 7, 2020, inclusive (the ”Class Period”), are encouraged to contact the firm before June 22, 2020.

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