By Dan Darrow

November 8th, 2022

Intraday Update: EBAY

EBAY is already at the initial target range (41.75+). After opening flat and dipping red early, EBAY has had a large morning reversal higher, with momentum building as the stock pushes up near 42. The Dec16 $40 call will be closed and a Dec16 $42.50 - $45 call spread will be opened as a low debit play for continuation higher. The next target is 43+.

Open Positions

* The following Open Positions pertain to the Options In Play trade ideas from this and previous editions. Disclosure of the Trader Co-Author’s actual portfolio holdings, as of the date of each publication, is made below under "Trader Author Portfolio Holdings.".

Trader Author Portfolio Holdings

**As of the date and time of publication