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Breakout Trade in PYPL

August 28, 2017 By Steven Place

Buy to Open PYPL Oct 60/65 Call Spread @1.83

Stop on Daily Close Under 57.33

Take Half off at 63


UPDATE: 63 hit, going to scale half

Sell to Close Half Size PYPL Oct 60/65 Call Spread @2.53


UPDATE 2: Converting the Trade to A Calendar

Sell to Close PYPL Oct 60 Call

Buy to Open PYPL Nov 65 Call

Credit: 2.40

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