I opened $BIDU 20240823 83.0 P

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I opened $BIDU 20240823 83.0 PUT$ ,BIDU: collect 1.95% on this cash secured put for BIDU with strike at $83 which is about 7% lower than market price. Contract duration was for 30 days expiring 23rd Aug. BIDU hit the low on 2nd July at around $85 before rebounding sharply higher to $104 only to reverse its course. Earnings on 22nd Aug likely increase volatility for this trade. Will monitor how the trade goes.

BIDU PUT

07-25 01:24

US20240823 83.0

Side	Price	Realized P&L
Sell Open	1.65	-- Closed

Baidu

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OlgaRichardson
·07-26
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Why Baidu keeps dropping despite its Robotaxi
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- Terra Incognita:
  Hmm beats me. Perhaps allow you better entry if you are bullish on this.
  07-26
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qwertd
·07-26
Nice trade
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Perhaps allow you better entry if you are bullish on this.","text":"Hmm beats me. Perhaps allow you better entry if you are bullish on this.","html":"Hmm beats me. Perhaps allow you better entry if you are bullish on this."}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":331641500020904,"gmtCreate":1721974991183,"gmtModify":1721992514702,"authorId":3479274696871559,"author":{"id":3479274696871559,"authorId":3479274696871559,"name":"qwertd","avatar":"https://static.tigerbbs.com/486f271ec3baea83584935933913eb15","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":331427664433200,"type":1,"supId":0,"prevId":0,"content":"Nice trade","text":"Nice trade","html":"Nice trade","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}