Event: EBAY reports its Q3 earnings today after the close. The options market is implying about a 4% one day move, which is slightly above the 4 qtr avg of about 2.75%, and in line with the …
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Carl Icahn had another activist victory earlier this week with EBAY’s announcement of a PayPal spin-off. However, Hertz, a name in which Mr. Icahn has recently increased his stake, has sold off aggressively this week in …
Continue readingOptions volumes were concentrated in the technology sector yesterday, which also happened to be the best performing sector in the market. 1. EBAY – The announcement of the Paypal spinoff gave a boost to shares. Dan …
Continue readingA couple weeks ago when EBAY spiked on rumors of an interested party in their Paypal unit, we look at ways to play the laggard from the long side as we felt that, despite the …
Continue readingIn the wee hours of September 12th I woke up to pre-order the new iPhone. I bought the 6 Plus (5.5 inch /64 gb space grey for moi, and a 6 regular 4.7 inch/64 gb …
Continue readingOptions traders were looking for portfolio protection on Friday, with macro ETFs the most active in the options market. 1. VIX – The Oct 22 calls traded over 130k on the session at an average price …
Continue readingEBAY has to be one of the biggest losers coming out of Apple’s introduction of Pay mobile payment service earlier this week. Pay is a very promising service and will be a massive competitor to …
Continue readingVolumes picked up a bit following the Labor Day holiday, though not by much. The technology sector had the most activity in the options market. 1. EBAY – Buyer of 22k of the Sept20th 53 puts …
Continue readingWednesday night EBAY reported Q2 results that were meh and guidance that was slightly below consensus. For the most part a fairly uninspiring event. The stock was up nearly 2% yesterday before giving back the gains …
Continue readingEvent: EBAY reports its Q2 earnings today after the close. The options market is implying about a 4.5% one day move, which is just about in line with both the 4 qtr avg of about 4.25% and the …
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