OptionsHouse

Options Trading News

July 16, 2013  Tue 7:34 AM CT

BIDU: SEE CHART GET CHAIN FIND STRATEGIES

Price Target Raised 41 Percent

Citigroup upgraded Baidu to "neutral" from "sell" and raised its target price to $113 from $80. That's pretty interesting given all the strength we've been seeing in other Chinese Internet stocks of late! BIDU rallies more than 6 percent before the opening bell on my tradeMONSTER platform.

No Deal for Heidrick & Struggles

Heidrick & Struggles International is abandoning attempts to sell itself "after consulting with its independent financial advisors." The stock had surged in early June after being approached by private-equity firms. HSII plunges 13 percent in the premarket.

SHFL Rockets on Bally Buyout

SHFL entertainment agreed to be acquired by Bally Technologies for $1.3 billion, or $23.25 a share, in cash. SHFL rallies 22 percent in early trading. Multimedia Games (MGAM), another casino-game maker, rose more than 4 percent on the buzz.

Share this article with your friends


OptionsHouse

Premium Services

Education & Strategy

The Movement of Delta

In our last column, we spoke about delta. You might remember that we discussed what delta was and what factors affected or changed delta. As you recall, we stated that three factors will have an effect on delta. They were movements of time, volatility, and underlying price. Today, we want to take a further look into the change of delta, this time focusing on change due to the movement in the underlying price. 

View more education articles »