$PYPL ~ PAYPAL ~ LONG SETUP USING CALLS ~ #OptionsTrading

2019年12月12日

METHOD: Long PAYPAL {price at entry 104.93} via:
+2 PYPL 20 DEC 19 102 CALL @3.40 ; Trading with 0.50 of extrinsic value, with decay only threatening if losing the trade.

STRATEGIES: Using DIS day chart:

• The 20/50 Mean green cloud contracts, and we can look for a new expanding cloud to form for a long from the mean.
  
• The Fisher Transform bounce signal appearing near the mean.
  

TACTICS: The plan in terms of stock price:

• STOP is price < 102
  
• TGT 108 to exit
  
• Trail option price to Break Even once stock price > 106; OR consider scaling as green cloud becomes large
  
• We may let the Fisher Transform and 20/50 mean together take us out technically for whatever we get win or lose.
  

Will update in comments,
B3
d^.^b

2019年12月12日

交易开始

Filled.

2019年12月13日

注释

"Trail option price to Break Even once stock price > 106"
Trail set. The options are up 61% at this point.

2019年12月13日

交易结束：到达目标

Though the price was 10 cents below 108, the options at 102 paid me the 6 in delta I was after. Paid 3.40 for them for 76.4% win.