TopgOptions

EBAY Options Ahead of Earnings

Long
TopgOptions Updated   
BATS:EBAY   eBay Inc.
If you haven`t bought EBAY in the Buy area:
nor sold before of the previous earnings:

Then analyzing the options chain and the chart patterns of EBAY prior to the earnings report this week,
I would consider purchasing the 47.5usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $4.00.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached:
EBAY traded at $51.95 after earnings, and the calls went up from $4.00 (when I wrote this article) to $8.80 at the close yesterday (higher intraday), for about 120% gain!
EBAY at 52 week high now! Congrats to those who bought the calls!

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