Camden

Baidu: Low Risk Options Play

It would have been good if in addition to pointing out the possible benefit of buying Baidu’s Jan ’11 $350 calls at $80.80 per contract you not only mentioned that the breakeven point would then be approximately $430.80 but also that if the stock stays at $350 or lower 100% of the investment would be lost.

I love using LEAPS but you have to be aware of the risk..