BIDU Options Chain, Open Interest, and Volatility Data

BIDU Options Open Interest & Strategy Insights

BIDU – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
150	56753	3253	60006
100	21443	17510	38953
140	33567	5175	38742
110	18570	17041	35611
120	21413	13154	34567
125	24200	9448	33648
130	25341	6841	32182
90	12327	19272	31599
160	26272	343	26615
135	18248	5746	23994

BIDU – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.44	0.48	61.13%	54.24%	-6.90%

Data Analysis

Symbol: BIDU Current Price: 123.33
Max Pain: 135.00 (below)

📌 Absolute OI Peak: 150.00 (60006 contracts)
🛡️ Short-term Key Levels: 120.00（34567 contracts，major support） , 110.00（35611 contracts，major support） , 100.00（38953 contracts，major support）

📈 Put/Call OI Ratio: 0.44 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.48 (bullish, Call volume dominant)

📊 Avg Call IV: 61.13%
Avg Put IV: 54.24%
IV Skew: -6.90% (Call IV higher than Put IV by 6.90%, upward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 150.00 (60006 contracts), sentiment: bullish (Call OI dominant). May reflect speculative bets or hedging demand.

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	3450	1851	23326	0.537	Slight Bullish 📈 (60)
2025-11-14	7138	1515	19162	0.212	Moderate Bullish 📈 (70) ⚠️
2025-11-21	4607	1339	71842	0.291	Strong Bullish 📈💥 (85) ⚠️
2025-11-28	391	166	3663	0.425	Moderate Bullish 📈 (70)
2025-12-05	76	300	1047	3.947	Moderate Bearish 📉 (30) ⚠️
2025-12-12	112	512	641	4.571	Moderate Bearish 📉 (30) ⚠️
2025-12-19	2978	628	60177	0.211	Strong Bullish 📈💥 (85) ⚠️
2026-01-16	1039	460	122502	0.443	Strong Bullish 📈💥 (85)
2026-02-20	1047	192	4573	0.183	Moderate Bullish 📈 (70) ⚠️
2026-03-20	663	1592	46691	2.401	Moderate Bearish 📉 (30)
2026-04-17	22	29	175	1.318	Slight Bearish 📉 (40)
2026-05-15	267	52	1034	0.195	Moderate Bullish 📈 (70) ⚠️
2026-06-18	364	653	26068	1.794	Moderate Bearish 📉 (30)
2026-09-18	68	71	5912	1.044	Neutral ⚖️ (50)
2026-12-18	3145	2742	26323	0.872	Slight Bullish 📈 (60)
2027-01-15	246	1857	42935	7.549	Moderate Bearish 📉 (30) ⚠️
2028-01-21	134	27	3029	0.201	Moderate Bullish 📈 (70) ⚠️
How the Sentiment Algorithm Works This table evaluates market sentiment based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Indicates the relative activity between put and call options. A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment. Open Interest (OI): Represents the number of outstanding contracts. Higher values reflect strong market attention or hedging activity. Unusual activity ⚠️: Days with extremely high PCR or OI are flagged, signaling possible speculative bets or hedging pressures. The sentiment score is computed by combining PCR and OI, then classified into clear labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Scores range from 0 to 100, where higher values indicate stronger bullish sentiment and lower values indicate stronger bearish sentiment.