Ebay Unusually high volume trade

Shares of eBay (NASDAQ:EBAY) was the target of unusually large options trading on Wednesday. Stock investors acquired 21,243 call options on the stock, American Banking & Market News reports. This represents an increase of 108% compared to the typical volume of 10,221 call options.

In other eBay news, SVP Michael Jacobson unloaded 30,416 shares of eBay stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $51.15, for a total value of $1,555,778.40. Following the completion of the transaction, the senior vice president now directly owns 488,891 shares of the company’s stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.