Below is a link that will bring you to a video that explains our position in BIDU along with the instructions to enhance the position.
I’ve also attached a PDF file that outlines the details for the trade in order to take in the cash. This is one of the best positions we’ve traded all year and it’s only getting better from here.
As I said in the video, you don’t need to have the diagonal put spread on the books to do this trade. You would simply handle this one as though it were a separate position.
Hopefully you are enjoying the ride.
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