Baidu (BIDU) volatility flat as shares rally into results

Baidu (Nasdaq: BIDU) is recently trading at $150.44 into its expected release of Q1 results on April 27. April 150 weekly and May 150 calls are active on total call volume of 24K contracts (10K puts). May call option implied volatility of 43 is near its six-month average of 44 according to Track Data, suggesting non-directional price movement.

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