Chart Pattern: eBAY is trading within a Rectangle between $50 to $58.

Target Entry: $50 (Reliable support)

Trading Strategy: Short Put Spread 45/50

• STO EBAY Sept 13 50 Put
• BTO EBAY Sept 13 45 Put
• If break support, BTC EBAY Sept 13 50 Put to repair (1 month before expiry), else close both positions.

EBAY Chart

EBAY Fundamental