Trade Alert 11/2/2023


We are closing the butterfly on PYPL for a profit as follows:
Sell to close:  PYPL Jan 19th (monthly) 52.50 strike call (ratio of 1)
Buy to close: PYPL Jan 19th (monthly) 60.00 strike call (ratio of 2)
Sell to close:  PYPL Jan 19th (monthly) 67.50 strike call (ratio of 1)
Credit:  2.26 – this order has been filled
Profit of +0.71 or +$71.00 per spread which is a +45.8% return.

We own 2 PLTR call butterflys and have an order to exit only 1 of the 2 for a profit as follows:
Sell to close:  PLTR Nov 17th (monthly) 17.00 strike call (ratio of 1)
Buy to close: PLTR Nov 17th (monthly) 20.00 strike call (ratio of 2)
Sell to close:  PLTR Nov 17th (monthly) 23.00 strike call (ratio of 1)
Credit:  0.90  – this order has been filled
Profit of +0.20 or +$20.00 per spread which is a +28.6% return.