Options In Focus: BIDU Iron Condor
Entering Tuesday’s second half, without a doubt most traders would say NASDAQ 100 and Chinese outfit Baidu.com (BIDU) was the session’s most prolific mover. On the heels of its disappointing sales outlook, shares of BIDU slid more than 80 points near its out-the-gate worst. Conditions got somewhat better for bulls intraday as a percentage managed to recoup some of the move below the 50-day moving average. But with just more than two hours
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