Options Traders Pounce on eBay Stock on CFO News, Q2 Forecast

eBay Inc (NASDAQ:EBAY) is seeing unusual options activity today, with 18,000 calls and 15,000 puts traded so far -- 5 times the average intraday volume. The weekly 5/2 71-strike call is seeing the most action, followed by the 68-strike call from the same series, with new positions being opened at both strikes.The surge in activity follows news that CFO Steve Priest will step down in May, to be replaced by Peggy Alford, a current executive at PayPal (PYPL). The company also reported better-than-expected reve ...