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Bullish Options Activity in eBay (EBAY) Targets 22% Upside in Shares Through October -Susquehanna
March 26, 2020 2:30 PM EDTSusquehanna options strategist Alison Edwards notes bullish options activity in eBay (NASDAQ: EBAY), as an opening investors purchased 11k Oct 36 Calls for up to $1.50. The investor buys volatility, suggesting the shares have an increased probability to trade above $36 (+22%) through mid-Oct. Recall investors remain long ~10k Oct 40 calls.
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