Deep-pocketed investors have shown a significant bearish sentiment towards Baidu, as indicated by unusual options activity on October 29, 2025. Benzinga's options scanner detected 31 extraordinary options trades for the company, a volume that is considered out of the ordinary. The overall sentiment among these large investors, often referred to as "whales," appears divided, with 48% showing a bearish outlook compared to 45% with a bullish stance. The bearish positions were noted through three put options totaling $149,400, while 28 call options amounted to a more substantial $1,940,150, indicating a complex sentiment picture among traders. This level of activity from major investors can suggest that significant market-moving news may be anticipated in the near future. While the specific reasons for this bearish lean are not identified, such movements are closely watched by market players for clues about a stock's potential direction. There was no direct company news from Baidu to explain the activity.