eBay reinstated with a Neutral at Goldman Sachs 11/22 EBAY Goldman Sachs analyst Eric Sheridan reinstated overage of eBay with a Neutral rating and $84 price target. The analyst views eBay as a business "facing a few key debates in the years ahead" around how will its normalized growth will settle in a post-pandemic world and can it strike a balanced approach to margins against the need to invest against broader platform evolution goals.
All of these Nov 9 options must of been wiped out.-
Short term Ebay calls see heavy early trading 11/09 EBAY Short term Ebay calls see heavy early trading. Shares up nearly $1, or 1.25%, this morning near $74.70 with 37k calls trading in the first hour, vs 1300 puts, and short term Nov 12th 78 calls leading the flow with 26k contracts. Nearly all the volume printed near 10am ET as buyers paid 19 to 35c for nearly 20k contracts and shares traded up to $75.20. With a vwap price of 32.9c, the breakeven for these contracts on Friday when they expire is 78.33, or 4.8% above current spot.
NOW- $67