3 comments

  1. avatar mikey1942 says:

    Is the profit potential not closer to 200%? Pay $4.75, 100% profit = $9.50, 200% profit = $14.25. 300% profit would be the original price of $4.75 multiplied by a factor of 4 or $19.00. Spread is only $15.00. Well any way one chooses to analyze the trade, it’s still a good risk/reward!! One could possibly recover almost 3 times the original cost, but only 2/3 of that total, or 200%, would be profit. It’s late and I have had a few beers, so please excuse me if this analysis is flawed. And thanks for all you do

  2. avatar Bert1 says:

    Bidu earnings are 7/23 after close. Price is in downtrend on weekly chart, since 8/11 high and is currently at the downtrendline resistance. Lower highs and lows since that time. What makes this a compelling trade with over 6 weeks to go before earnings during the June swoon period?

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