Aug. 17 at 7:21 PM
$BIDU PRE-EARNINGS FLOW ππ₯
π PRE-EARNINGS FLOW: Bearish π»
β³ SHORT-DATED FLOW: Heavy puts β 100% put flow shown
π° NET PREMIUM: -
$3.41M
π― EXPECTED MOVE: ~
$6 post earnings
π EXPECTED REVENUE & EPS:
$4.65B revenue /
$1.35 EPS vs Q1
$4.65B /
$1.75 EPS β revenue roughly flat, EPS expected down ~23% QoQ
π NOTABLE FLOW: 5,990 puts /
$208K premium with
$0 call flow. Multiple 8/21 put buys hitting the ask, including 2,587x
$91P and 1,903x
$92P.
Options flow leaning bearish into earnings β οΈπ
Watching for a ~
$6 move post earnings ππ₯