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rockgy
Jun 30, 2017 2:58 PM

Long BIDU by selling Put Spread Aug 170/165 Long

Baidu, Inc.NASDAQ

Description

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.
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