NASDAQ:BIDU   BAIDU INC - AMERICAN DEPOSITARY SHARES, EACH REPRESENTING ONE TENTH CLASS A ORDINARY SHARE
BIDU             announces earnings after tomorrow's close, so look to put a setup on in the waning hours of the NY sesh.

Now that I've got the earnings date correct (they previously "tentatively" announced a 2/10 earnings release -- sooooo annoying), here's the metrics for the setup:

BIDU             Mar 4th 136/141/185/190 iron condor
Probability of Profit: 70%
Max Profit: $125/contract
Buying Power Effect: $375/contract

Notes: Naturally, you may need to tweak the setup given the underlying's price movement during the session ... .
Comment: Fiddled with the strikes and fill price mightily trying to get a fill. Eventually went with a 132/137/177.5/182.5, which I got filled for 1.31. After hours, price is up $18 to $176.25, so I'll probably be peeling the call side off first if it is at or near worthless.
Comment: I mean to say, that I would probably be peeling off the put side for near worthless, which I did today at open for a .09 debit, leaving me with the 177.5/182.5 short call spread to deal with next week. Naturally, if price is uncomfortably close to my short call strike, I'll roll the spread out for duration and sell a short put spread against.
Comment: Price is a "little too close for comfort" to the call side; rolled out to a March 18th 180/185 for a .17 credit and sold a 152.5/157.5 short put vertical in the same expiry for a .48 credit.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out