A BIDU Quicky

A quicky on BIDU:

If support holds we could be witnessing the early stages of price recovery.

Current option activity it pricing in a 2% move for the rest of the week.  This is something I may look to go further out on assuming support holds.

For this week I am looking at:

$195 calls @ $1.50

Next week

$200 calls @ $1.00

Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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