BertScott
2022-03-03

$百度(BIDU)$ Personally my play for $BIDU is buying calls that are "out of the money" or OTM that have a far out expiration date.  
 
I'm buying the right to purchase 100 shares at a later date for a specific price. My play is that by 2022 Baidu should be back at least up 25%, so I'm choosing calls with a break even at or less than + 25%. They're considered out of the money because the price has to rise for them to actually be profitable. They're value is purely intrinsic on the speculation that the price will go up.  

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