helibronner, good points, but can you equate a commodity market, oil, with a stock. Are they different?
Ebay makes it back to the 90 strike with 3 hours to go. Anybody else short 90 calls? Are you going to cover?
just21, don't panic, cool down. Why cover the options? You can deliver the stocks without transaction fees if options are cash- secured.
Bought the stock at 90.11 to deliver against the short calls which i had sold for .70 credit. Didn't want to come in short on monday.
You are absolutely correct in everything you say. There is no TECHNICAL reason to be shorting this stock.
So earnings are coming after the close. Good earnings shouldn't be a big surprise, because big swinging dicks didn't dump ebay before earnings, which would be normal due to uncertainty about numbers to come. Next thing will be a stock split, almost obvious. Tricks like in the old days, but outcome will be the same.