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!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.