As I said, I'd be out of the hedge short but I'm not sure if you want to add to the long. I personally don't think you will be able to generate even 10% upside to the actual price you paid for those calls. So I'd be out as price crosses through today's high. It was pretty "obvious" it might turn right on the open as it reached a "minor" overbot signal. Even the gold stocks, which did that yesterday as GDX hit 22.50+ were "mildly" overbot there...but then "lunacy" drove them even higher. So what happens in short order? Yep! The whole thing gets retraced back to where the idiots wanted in. That's the way it always works. I haven't tracked EBAY at all but I figgered right from the getgo it would retrace. Plus this is a 52 wee high? EBAY basically sux, Greg. You byuying this pos on funnymentals or something even crazier than that? :-)
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To edit this, I said I don't think you could get even on your trade and generate 10%+...you can if you add to the position. But you will have to make a MUCH shorter term bet. So that's up to you as I'm sure a short term hedge likely generated at least 30%...if you played it the "correct" way.