New Trade: EBAY

A good friend brought this one to my attention during one of our discussions (Thanks, Rosie!). EBay is tiding between 52.00 and 56.00 so I decided to ride the wave. I picked up 5 Sep 60 calls in one account and 500 shares in another (I will be looking to sell calls against the shares later).

Trading Leg
Here’s a look at my potential profit:

# Shares or Contracts Purch Price Capital Out Sell Price Capital In Comm & Fees Gain / Loss

% Gain & Loss

5 Sep 60 Calls 0.20 100.00 0.45 1,000.00 10.00 115.00 115.0%


My charts for this trade:

130516 WFM

Roth IRA
Here’s a look at my potential profit:

# Shares or Contracts Purch Price Capital Out Sell Price Capital In Comm & Fees Gain / Loss

% Gain & Loss

100s 53.60 5,360.00 56.00 5,600.00 5.90 234.10 4.4%
400s 53.65 21,460.00 56.00 22,400.00 5.90 934.10 4.4%


My charts for this trade:

130516 WFM

Screen Shot 2013-06-18 at 8.07.12 AM

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2 thoughts on “New Trade: EBAY

  1. You are being asked to login because *alexcampbello@gmail.com* is used by an account you are not logged into now. By logging in you’ll post the following comment to *New Trade: EBAY*:

    eBay Inc. – EBAY – close: 53.57 change: +0.56

    Stop Loss: 52.75 Target(s): 57.00 Time Frame: 3 to 4 weeks Company Description Why We Like It: EBAY is not just the online auction site but has become a suite of online services including Stubhub, Half.com, and PayPal. Shares suffered some profit taking in mid July on management’s disappointing guidance. Investors bought the dip near the bottom of EBAY’s trading range. Now shares look poised to rally back toward the top of the range and fill the gap.

    Currently EBAY is hovering just below resistance near $54.00. We are suggesting a trigger to buy calls at $54.15. If triggered our target is $57.00.

    Trigger @ 54.15

    – Suggested Positions – Buy the Sep $55 call (EBAY1321i55) current ask $1.08

    did NOT get password to post comment

  2. Pingback: New CC Trade: EBAY | Tela's Trading Journal

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