April 85 puts are very popular right now....a couple of nice size chunk contracts went through.....volume is 10,000+. This is way above the norm for EBAY....
Attention all EBAY shorts: get out while you can!!!! Take your meager profits and run like a platoon of Iraqi conscripts. The EBAY deathstar is recharging and moving into combat formation. RESISTANCE IS FUTILE. You will be assimilated, or at least your account will be. This is your last warning!!!!!
Great company, unstoppable growth, uptrend, relative strength, going to $100.... blablabla. Maybe I'll cover part of may position like zboy because of the price gap.
Unless you were kidding, why not just keep your short? Gap open below support... I'd hold it. In fact, if it opens, or moves to, today's close tomorrow, I'll short some myself, with a stop above today's high.