UPDATE: Morgan Stanley Initiates Coverage On eBay On New Investment Opportunities - eBay (NASDAQ:EBAY)

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

In a report published Wednesday, Morgan Stanley analyst Katy L. Huberty initiated coverage on

27% profit every 20 days?

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eBay Inc

(NASDAQ: EBAY) with an Underweight rating and $45.00 price target.In the report, Morgan Stanley noted, “With 152M users on Marketplaces and 157M on Payments, eBay spin offers investors two scaled assets. However, we see near-term risk of a margin reset as the company corrects for underinvestment in its brands over the past five years. To the extent marketing investments begin to pay-off and/or PayPal shows progress in offline payments, we would become more constructive on the stock.”eBay Inc closed on Tuesday at $51.20.