BIDU Neutral

Weekly resistance at 270
RSI divergence
EMA20 Bollinger Band Upper band

There might be a consolidation
between 210 and 110.

Sell Iron Condor -- limit 6.3 (Credit)
SellToOpen Mar Call Spread C260/270
SellToOpen Mar Put Spread C200/210
Get Theta 2.04 per day

$10 range,
max profit 6.3,
max risk 3.7,
Reward:risk= 1.7:1

I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.

Trade active:

Sell Iron Condor -- limit 6.3 (Credit)
SellToOpen Mar Call Spread C260/270
SellToOpen Mar Put Spread C200/210
Get Theta 2.04 per day

Comment:

Correction:
SellToOpen Mar Put Spread P200/210

Comment:

correction:
There might be a consolidation between 210 and 260.

Trade closed manually:

Closed 6.1. Make even.