Why Baidu Stock Crashed After Earnings, and What I’m Doing With My Put
I sold a put on Baidu at an $80 strike, $74 breakeven, four days before the report. Then revenue fell 4%, ad revenue fell 19%, and the ADS dropped as much as 13%. Here is…
I sold a put on Baidu at an $80 strike, $74 breakeven, four days before the report. Then revenue fell 4%, ad revenue fell 19%, and the ADS dropped as much as 13%. Here is…
I sold one $80 BIDU put expiring June 2027 for $6.00, a $600 credit against $8,000 of reserved cash. Here is the IBKR order flow, the real 9% annualized return, the $74 breakeven and the…
Baidu’s AI Cloud Infra revenue grew 50% last quarter while online marketing fell 19%, and capital spending ran three times operating cash flow. Here is what the August report showed, why the cash pile matters…