TradingView
Quantamental
Aug 9, 2019 5:06 PM

PYPL - Bull Put Spread Long

PayPal Holdings, Inc.NASDAQ

Description

Weekly Chart. W RSI is <10.
S/R at approx 105 and Lower BB%

Looking for Reversal to mean higher.
Taking 105/100 Put Credit Spread.
Also picked up 110 call for Directional Bias Higher.

Sept Exp.

Ideally Exit around RSI 50/70 or S/R level as needed in Profit.

Good Luck - Watch your $$$ RISK.
More