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.
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