{"id":5645,"date":"2019-09-05T12:12:16","date_gmt":"2019-09-05T16:12:16","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=5645"},"modified":"2020-02-12T11:46:49","modified_gmt":"2020-02-12T16:46:49","slug":"added-to-my-paypal-position","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=5645","title":{"rendered":"Added to My PayPal Position"},"content":{"rendered":"

Back on 7\/15\/19 I bought 5 long term Calls with PayPal (PYPL). I just added to that position.<\/p>\n

On 7\/15\/19 PYPL was much higher than it\u2019s been lately, it was in the $120 area. At that time I bought 5 PYPL 6\/19\/20 $120 Calls. I paid a premium of $14 for a total of $7000 on the 5 contracts. I feel these payment companies will be much higher by next June. With the stock down from the $120 is was at, I decided to buy 5 more contracts. Today with the stock at $110.60 I bought 5 more contracts of the same option I already own. I bought 5 more of the PYPL 6\/19\/20 $120 Calls but this time I paid an $8 premium.<\/p>\n

Buy to Open 5 PYPL 6\/19\/20 $120.00 C @ $8.00 ($4000)<\/strong><\/p>\n

The first 5 contracts I paid $14 ($7000) and these 5 I paid $8 ($4000). I now have 10 contracts for an average premium of $11 ($11,000).<\/p>\n

I will have this position listed in my \u201cActive Trades\/Current Positions<\/span><\/a>\u201d as one position. It will now be listed as below.<\/p>\n

9\/5\/19 \u2013 Buy to Open 10 PYPL 6\/19\/20 $120.00 C @ $11.00 ($11,000)<\/p>\n

Take a look at Twitter. It\u2019s moving with the rest of the market. Today it exited the \u201cWedge Pattern\u201d I\u2019ve been writing about. It came out of the wedge to the north of the resistance level. If I get another day of confirmation of a breakout I might be buying options. Stay tuned!<\/p>\n

I\u2019m sorry for all the post today. It\u2019s been a busy day. We\u2019ll probably lose a few followers who are sick of getting emails lol but I must report what I\u2019m doing. Hang in there! There\u2019s a lot of money to be made.<\/p>\n

Steve<\/p>\n

The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Back on 7\/15\/19 I bought 5 long term Calls with PayPal (PYPL). I just added to that position. On 7\/15\/19 PYPL was much higher than it\u2019s been lately, it was in the $120 area. At that time I bought 5 PYPL 6\/19\/20 $120 Calls. I paid a premium of $14 for a total of $7000 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-5645","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75MP0-1t3","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5645"}],"version-history":[{"count":3,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5645\/revisions"}],"predecessor-version":[{"id":7189,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5645\/revisions\/7189"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}