eBay (NADSAQ: EBAY) closed at $27.13 Tuesday.

EBAY is expected to report EPS of 41 cents after the close tonight according to Thomson First Call. EBAY will give its outlook for next year and expected also is a new pricing structure.

EBAY February option implied volatility of 59 is above its 26-week average of 38 according to Track Data, suggesting larger risk.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com