Rocket PYPL Update 11-03-20
PYPL trading lower after earnings
PYPL beat on EPS and revenue but missed on expectations for their current quarter and is trading lower overnight.
We will hold this position for now and see how it opens and trades today.
Our breakeven price for PYPL is $177.65 (Which is $180 - the $2.35 credit we received). Our max loss is under $172.50 and our max profit is above $180. PYPL is trading at $176.40 as of 9:10 am EST.
We'll see how PYPL trades today and this week, we could move it out if we get a pop or hold off for a bit through election volatility if it moves against us. Stay tuned for updates.
And get out there and vote if you haven't already!
We will hold this position for now and see how it opens and trades today.
Our breakeven price for PYPL is $177.65 (Which is $180 - the $2.35 credit we received). Our max loss is under $172.50 and our max profit is above $180. PYPL is trading at $176.40 as of 9:10 am EST.
We'll see how PYPL trades today and this week, we could move it out if we get a pop or hold off for a bit through election volatility if it moves against us. Stay tuned for updates.
And get out there and vote if you haven't already!