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rockgy

Long BIDU by selling Put Spread Aug 170/165

Long
Baidu, Inc. (NASDAQ:BIDU)  
rockgy  
NASDAQ:BIDU   Baidu, Inc.
BIDU putspread
5
0
bidu putspread
Bidu seems found support and the pull back bottoms were in upper trend.

snapshot

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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