fbpx
 

PYPL 16DEC PUT BUTTERFLY

Homepage Forums Active Trader Forum Active Trader – IGOR Trades PYPL 16DEC PUT BUTTERFLY

This topic contains 2 replies, has 1 voice, and was last updated by  Igor 3 years, 4 months ago.

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #19050

    Igor
    Keymaster

    PYPL at 72.39

    I’m looking for a push towards 65 level.

    This is a broken wing put butterfly.

    I’m buying 72.5/67.5 put spread and I’m selling 67.5/65 put spread to help pay for the spread that I am buying.

    This trade is going for about 1.30 debit. That is the max risk in the trade.

    We need 71.20 or lower at expiration for this trade to be profitable.

    Risk Profile:

    Order Ticket:

    #19076

    Igor
    Keymaster

    PYPL at 76.88

    I’m going to add a PUT DIAGONAL here for a small debit. I’m buying 2 Diagonal spreads for every 1 original put butterfly.

    Risk Profile:

    Order Ticket:

    #19124

    Igor
    Keymaster

    PYPL at 70.17

    I’m going to close out this trade here:

    Order Ticket 1

    Order Ticket 2

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.

Pin It on Pinterest