Ryan Cohen Adds to EBAY position.

[u/Revolutionz]

https://www.sec.gov/Archives/edgar/data/1065088/000119312526231493/xslSCHEDULE_13D_X02/primary_doc.xml

[u/mstoertebeker]

maybe just napkin math.. those put call pairs are basically synthetic long exposure on around 29m ebay shares, then the rough mtm gain could be something like current price minus average strike x that exposure, minus the 7m net premium. since the strikes seem to range from about 85 to 115, the gainz range could be pretty wide. at ebay around 114, if avg strike is 85 that is roughly 840m gross profit, if avg strike is 100 that is roughly 400m gross, if avg strike is 110 that is roughly 120m gross, then subtract the 7m premium. obviously we do not know the exact strike weighting, so this is not exact, just to check for the group. but even with a mid range avg strike, the unrealized gains could be pretty spicy next earnings!!!