eBay (EBAY) Offering Possible 27.23% Return Over the Next 14 Calendar Days

eBay's most recent trend suggests a bullish bias. One trading opportunity on eBay is a Bull Put Spread using a strike $38.50 short put and a strike $33.50 long put offers a potential 27.23% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $38.50 by expiration. The full premium credit of $1.07 would be kept by the premium seller. The risk of $3.93 would be incurred if the stock dropped below the $33.50 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for eBay is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for eBay is bullish.

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for eBay

eBay Inc (EBAY) Q1 2020 Earnings Call Transcript
Thu, 30 Apr 2020 03:01:14 +0000
Ladies and gentlemen, thank you for standing by and welcome to the eBay First Quarter 2020 Earnings Conference Call. Thank you for joining us and welcome to eBay's earnings release conference call for the first quarter of 2020. Joining me today on the call are Scott Schenkel; Andy Cring; and our new CEO, Jamie Iannone.

EBay’s Earnings Beat Wall Street Estimates. The Stock Still Fell.
Wed, 29 Apr 2020 22:11:00 +0000
Social distancing efforts to contain Covid-19 boosted demand for eBay’s marketplace platforms, but its classifieds business took a hit from temporary car dealer closures and a slowdown in advertising.

EBay (EBAY) Q1 Earnings and Revenues Top Estimates
Wed, 29 Apr 2020 21:55:09 +0000
eBay (EBAY) delivered earnings and revenue surprises of 4.05% and 1.24%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

EBay Earnings Beat First-Quarter Expectations But Stock Dips
Wed, 29 Apr 2020 21:40:22 +0000
EBay stock fell even though first-quarter results for the e-commerce company beat estimates on the top and bottom line, and as gross merchandise volume also topped consensus estimates.

EBay shares fall after earnings beat
Wed, 29 Apr 2020 21:02:00 +0000
EBay Inc. shares ticked down 1% in the extended session Wednesday after the company beat Wall Street earnings expectations. The company reported first-quarter net income from continuing operations of $485 million, or 64 cents a share, compared with $516 million, or 57 cents a share, in the year-ago period. Adjusted for stock-based compensation, among other items, earnings were 77 cents a share. Net revenue fell to $2.37 billion from $2.41 billion in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of 70 cents a share on revenue of $2.32 billion. EBay said it expects second quarter adjusted earnings of 73 cents to 80 cents a share and net revenue of $2.38 billion to $2.48 billion. The company said its board has declared a cash dividend of 16 cents a share payable June 19. During March, eBay said that the marketplace platforms experienced "improved acquisition of small business sellers" which has continued into April; its marketplace also saw strength in measures eBay tracks such as buyer acquisition, conversion rates, sold items and gross merchandise volume. Ebay also said its classified advertising business has been impacted by auto dealer closures in many international markets, among other factors. EBay stock has gained 2% in the past year, with the S&P 500 index falling 2.7%.

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