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Bought 100% more PYPL
PayPal at $196.68
@sufiofwallst
11/19/2021
Bought more $PYPL ~ $127,350 total position

  • 12/17 $230 Calls ~ 40 contracts for a total premium of $7,000.

  • 600 Shares at $200.89

1st time since IPO $PYPL is down 5 weeks in a row ~ -36% from ATH.

“Where there is ruin, there is hope for a treasure” ~ Rumi

#Paypal
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@sufiofwallst
11/22/2021
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@sufiofwallst
11/23/2021
If you look at $PYPL weekly chart, you’ll notice the following;
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  1. MACD and RSI have NEVER been this stretched to the downside
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  1. The chart looks worse than it looked back in 2020 as Covid hit the markets
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  1. 150D EMA is support?

then you’ll think to yourself, WTF is going on
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@sufiofwallst
11/30/2021
Holding Full $PYPL ~ $127,350 total position

  • 12/17 $230 Calls ~ 40 contracts for a total premium of $7,000. ~ -87.4%

  • 600 Shares at $200.89 ~ -7.5%

Did I try catching a falling knife, yes.
Is the bleeding difficult to watch, yes.
Does it hurt, yes.
Any regrets, NONE!

#LFG
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@sufiofwallst
12/07/2021
The quickest way to generate exponential positive returns is to have a concentrated portfolio. Its also the quickest way to generate negative return. $PYPL
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@sufiofwallst
01/07/2022
What mean reversion looks like. One white line that cuts through the air pocket and catches the trend. mic drop

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