Option Millionaires

[21stcenturytrader]

i usually just play daily swings but with this one imo no one in their right mind should be buying bidu right now with this downgrade and with the expected market pull back all signs are pointing down. i strongly agreed with JB's post on BIDU shorts and decided to try it out. hes right very often on these things and i happen to agree on this one.

anything can happen tmrw, technicals still pointing down. all we need is just a bit of negative news on BIDU and we're rolling down hill. p.s. on level 2 very los volume on bidu today and bids are thin.

keep in mind i am not a professional and just expressing my train of thought on this one. curious to see how it plays out. picked up 105 puts at close for .07