PayPal in the Money
On Monday 19 Jun at o'dark thirty Emerald Chase alerted our Options Alert subscribers via email that PayPal (PYPL) was a buy with the best way to trade this name:
Buy the 30 Jun(weeklys) $54 calls @ ask .39 (we bought +200 contracts in our paper account)
We placed this one at the top of our list of the three names we option alerted (PYPL, TWTR, NKTR). She hit the strike price of $54 an hour into trading today. Well we took profits today 23 Jun realizing $7,700 off of $7,600 risked. We bought said contracts at .39cent per share and sold them for .77cent per share five days later for a +97.44% return in our paper account. As always we wish you the best options and opportunities, I am an emerald chaser!
