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PYPL at 259
Here’s the 195min chart:
PYPL has earnings in 2 days and this is the biggest risk in this trade. I’m setting up an InOut spread, risking 1 to make 1 with 45+ days until expiration.
Trade Setup:
BTO $PYPL 18JUN 260/250 PUT SPREAD MID 4.50 DEBIT
RISK: $450
REWARD: $550
POP: 50%RISK PROFILE: 
PYPL at 247
I’m going to close out this trade here and may consider entering another bearish trade on a bounce up to 260
Trade: BTC $PYPL 18JUN 260/250 PUT SPREAD MID 6.30 CREDIT
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