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 …
Continue readingONE
If the sell off from the recent highs is truly the start of a larger correction, there will be no shortage of “signs of the top”, with the list including, massive divergences between U.S./international equities …
Continue reading
Event: 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 …
Continue reading
Back in Late January when EBAY was just shy of where it is now, we made a defined risk Bullish bet that continued pressure from activist investor Carl Icahn would help propel the stock to …
Continue reading
With the help (agitation) of activist investor Carl Icahn, EBAY is up 9% on the week, making new 9 year highs and quickly approaching the all time highs made in late 2014. While EBAY’s …
Continue reading
EBAY hit its highest level since late September this morning after Carl Icahn criticized EBAY’s board in a letter to shareholders, continuing to push for a spin-off of PayPal, as he first stated in January. …
Continue reading
Earlier today we closed a winning bullish trade that was positioning for some sort of activist interest after a disappointing quarter and guide (see our commentary below). Now with both out of the way, we …
Continue reading
EBAY is higher this morning following its earnings release and the news of some activism from Carl Icahn that we’ve been anticipating for some time: In late November I wrote that a piece titled “EBAY Looking …
Continue reading
Event: EBAY reports its Q4 earnings today after the close. The options market is implying about a 6.25% one day move, which is above the 4 qtr avg of about 4.75% but below the 8 qtr …
Continue reading
On a few occasions last year we took a shot on the long side on EBAY (here). The stock remained range-bound for most of the year between $50 and $58. There was money to be …
Continue reading