Wednesday, July 20, 2011

EBAY earnings day

Just bought a small amounts of EBAY 34 AUG CALLS @ 1.16

This is more of a gut feeling trade than anything else, so I am betting small.

Earnings will be announced after the close today, and I am betting we'll get a nice rally like GOOG and APPL after they announced their earnings last week.



UPDATE (after hours):
Earnings came out at .48 per share, beating analysts expectations, but there is no pop in the stock like we saw  in GOOG and APPL. As matter a fact, EBAY is down -.60 right now. Good thing I placed a small bet.

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