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Technology Stocks : Baidu (BIDU)

BIDU 128.96

-2.3%

Nov 12 3:59 PM EST

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To: Paul Chiu who wrote (663)	4/26/2007 7:05:53 PM
From: manalagi	Read Replies (1) of 2093

Yes Paul, it will close above 130. Today I sold 10 June 100 put at $ 4/contract and use the proceeds to buy 10 June 120 calls at $ 3.20/contract giving a net positive cash inflow. Hopefully will be a big day tomorrow.

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