BIDU up $17.28

Although, early in the day the stock was up $29.4 which caught my attention to it....

I bought my calls during a time of the day when the stock was up between $19-$20 which considerably lower then $29…

I thought It would rally back to the up $25 range…

Alas! It did not and instead moved lower to only $13 up at one time….

It came back up again a little but not as had projected/hoped?

BOT to Open 1 BPJ LT BPJ Dec $400 CALL Limit $7.30 Day 3:05 PM Executed $7.30

BPJ LT
BIDU Dec07 $400 CALL
Bid 6.10 — — —
Ask 6.60 — — —
Last 6.10 — — —
Change 1.10 [22.00%] — — —
Volume 1,461 — — —
Delta 0.95 — — —
Open Int 3,834

BAIDU COM INC 326.14 17.28 [5.59%] Nov 26 1:00 PM
Bid: 324.76 Size: 1 Ask: 325.99 Size: 1 Vol: 11,530,159 Realtime

Apparently, there was some news for BIDU’s move:

“Baidu (BIDU) rose 5.6% as investors saw a buying opportunity in a
stock that has pulled back about 12% in the last month. Interest in Baidu, regarded as the Google
(GOOG - Cramer's Take - Stockpickr) of China, comes after IAC/InterActiveCorp (IACI),
the U.S. Internet conglomerate, said Friday that it will invest $100 million to expand its
presence in the Chinese market. Baidu was up $17.28 to $326.14,
while Google was down $10.70, or 1.6%, to $666.00. “

Earlier in the day I tried to buy GOOG as below but ‘luckily’ I was not able to and hence was saved form a loss….

GOOG was down $10 by the end of the day?

Buy to Open GOQ LS Dec $800 CALL Limit $1.50 Day 10:35 AM Cancelled