(SOHU) Soars on Takeover Rumors

Takeover rumors are swirling around (SOHU) following chatter that online search giant Baidu (BIDU) may be interested in the company, prompting upside call buyers to step in. OptionMonster says it has detected the purchase of more than 4,100 Sep 55 calls, mostly of which priced for $0.25 to $0.30. Volume was almost twice open interest in the strike. – OptionMonster

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