This Is What Whales Are Betting On Baidu

Deep-pocketed investors have adopted a bearish approach towards Baidu BIDU, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BIDU usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 18 extraordinary options activities for Baidu. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 27% leaning bullish and 55% bearish. Among these notable options, 7 are puts, totaling $725,784, and 11 are calls, amounting to $929,232.

  • Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
  • Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
  • Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.
Share Price: $0.80
Min. Investment: $1,000
Valuation: $3.5B

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $40.0 to $130.0 for Baidu during the past quarter.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Baidu options trades today is 1242.29 with a total volume of 4,998.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Baidu's big money trades within a strike price range of $40.0 to $130.0 over the last 30 days.

Baidu 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
BIDU CALL TRADE BEARISH 08/16/24 $2.49 $2.42 $2.43 $115.00 $267.3K 1.5K 1.2K
BIDU CALL SWEEP NEUTRAL 01/17/25 $13.6 $13.0 $13.5 $100.00 $202.5K 1.0K 0
BIDU PUT TRADE BEARISH 06/20/25 $8.15 $7.4 $7.9 $85.00 $158.0K 858 200
BIDU PUT TRADE BEARISH 01/17/25 $3.95 $3.75 $3.9 $80.00 $156.0K 1.4K 414
BIDU PUT SWEEP BULLISH 01/16/26 $15.5 $15.1 $15.1 $95.00 $151.0K 247 103

About Baidu

Baidu is the largest internet search engine in China with 84% share of the search engine market in September 2021 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2022. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.

After a thorough review of the options trading surrounding Baidu, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Current Position of Baidu

  • Currently trading with a volume of 1,928,081, the BIDU's price is down by -0.91%, now at $98.85.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 83 days.

Professional Analyst Ratings for Baidu

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $150.0.

  • An analyst from Morgan Stanley downgraded its action to Equal-Weight with a price target of $125.
  • Consistent in their evaluation, an analyst from Benchmark keeps a Buy rating on Baidu with a target price of $180.
  • An analyst from Susquehanna persists with their Positive rating on Baidu, maintaining a target price of $135.
  • Consistent in their evaluation, an analyst from Mizuho keeps a Buy rating on Baidu with a target price of $130.
  • In a cautious move, an analyst from Benchmark downgraded its rating to Buy, setting a price target of $180.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Baidu options trades with real-time alerts from Benzinga Pro.

BIDU Logo
BIDUBaidu Inc
$87.990.57%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum
38.97
Growth
88.87
Quality
10.13
Value
95.00
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Comments
Loading...