Mark Sebastian's Bullish Paypal Trade

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Speaking on Bloomberg Markets, Mark Sebastian of Options Pit suggested a bullish options strategy in Paypal Holdings Inc PYPL.

Sebastian wants to buy the October 95 calls for $1.85. The trade breaks even at $96.85 or 4.90 percent above the current stock price.

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Posted In: OptionsMarketsMediaBloomberg MarketsMark Sebastian
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