Goldman AND Baidu...Oppposite Directions for NOW!

I gave Goldman Puts and the stock is down $3 and Baidu (long) is up $9 on news of a video deal. A nice birthday market open.

SINA, SOHU, SNDA and FMCN are other China stocks flying.

In the end, Goldman Sachs will be the big winner in China so it pays to keep it all in perspective.

Disclosure – Long Baidu, Long Goldman PUTS