Wow, what a run on the Chinese internet stock, BIDU. Just a few weeks ago the stock was down to the $220.00 and now today after reporting good earnings the stock is up to $280 after hours. Wow, the option activity has ben huge and tomorrow may be another day as buyers continue to go long, and shorts will load up to take this down. This is crazy! One thing is for sure, some people made crazy money and others lost crazy money.
The market seems to be doing a little better, so we will see what these next days will bring. Stay tuned and good bidding. www.freeoptionspick.com
Wednesday, February 13, 2008
Volatility - BIDU
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