Trade idea
PYPL naked puts
The speaker sold naked puts on PYPL following its earnings report.
View full notes
Strategynaked puts
Assetstock
Entry / triggerearnings report
SpeakerTom Sosnoff
high confidenceVerify in video at 48:34 ↗
2 matching records.
The speaker sold naked puts on PYPL following its earnings report.
The speaker has decided to go long on PayPal (PYPL) after a series of unsuccessful trades, including a naked put sale that resulted in a loss. The decision is based on the belief that the stock is at a low level following its spin-off and that the company's recent stable coin initiative was a positive development. The speaker acknowledges the company's spam practices but is willing to take a long position due to the potential for future growth.