Public trading strategy
Stripe and Advent offer $53B to buy PayPal at $60.50/share — merger arbitrage pl
Created
Thesis
Stripe and Advent have reportedly made a joint offer to acquire PayPal at $60.50 per share, a 28% premium to its previous closing price. PayPal's stock jumped 15% in premarket trading, which means it's still trading below the full offer price. If the acquisition proceeds, the stock should naturally gravitate toward that $60.50 level as the deal closes, offering an opportunity to capture the spread between the current price and the buyout price.
Strategy approach
Build a long-bias merger arbitrage strategy for PYPL on D1. Entry: go long when the stock gaps up >10% on takeover news but trades below the announced $60.50 offer price. Exit conditions: close the position if the stock reaches within 1% of the $60.50 cap, or if it drops below the pre-news 5-day moving average. Hold for a maximum of 30 days.
Markets and timeframes
PYPLD1
Latest published rule evaluation
Evaluated . This is a dated rule snapshot, not a live price or trade execution confirmation.
PYPL · 1d
2 of 2 published entry conditions marked met.
- Price above 47 — met
- RSI (14) below 40 — met
- Price above SMA (5) — near
Entry and exit at a glance
These are the named rules in the shared configuration. Review the full conditions below before using a strategy.
- Entry: RSI Crossover Long (PYPL@1d) (4 conditions)
- Exit: Position Exit Rule (PYPL@1d) (2 conditions)
- Exit: TP: Fib Extension 127.2% (PYPL@1d) (1 condition)
- Exit: SL: Fib Retracement 78.6% (PYPL@1d) (1 condition)
- Exit: Stop Loss at 2.4% (1 condition)
- Exit: Take Profit at 4.9% (1 condition)
- Exit: SL: Below Support[1] (PYPL@1d) (1 condition)
Shared strategy rules
Rule configuration
{
"data_dependencies": [
{
"symbol": "STOCK:PYPL",
"timeframe": "1d"
}
],
"entry_rules": [
{
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "greater_than",
"right": {
"rank": 1,
"type": "resistance_level"
}
},
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "greater_than",
"right": {
"type": "constant",
"value": 47
}
},
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "crossed_above",
"right": {
"rank": 1,
"type": "resistance_level"
}
},
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 40
}
}
],
"direction": "long",
"enabled": true,
"id": "entry_1",
"name": "RSI Crossover Long (PYPL@1d)",
"priority": 1,
"trade_symbol": "STOCK:PYPL"
}
],
"exit_rules": [
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "greater_than",
"right": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"indicator": {
"name": "sma",
"period": 5
},
"type": "indicator"
}
},
{
"left": {
"field": "holding_period_bars",
"type": "position"
},
"operator": "greater_than_or_equal",
"right": {
"type": "constant",
"value": 60
}
}
],
"enabled": true,
"id": "exit_1",
"name": "Position Exit Rule (PYPL@1d)",
"priority": 1,
"purpose": "signal"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "greater_than",
"right": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"ratio": 1272,
"type": "fibonacci_extension"
}
}
],
"enabled": true,
"id": "exit_2",
"name": "TP: Fib Extension 127.2% (PYPL@1d)",
"priority": 96,
"purpose": "take_profit",
"target_symbol": "STOCK:PYPL"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"ratio": 786,
"type": "fibonacci_retracement"
}
}
],
"enabled": true,
"id": "exit_3",
"name": "SL: Fib Retracement 78.6% (PYPL@1d)",
"priority": 100,
"purpose": "stop_loss",
"target_symbol": "STOCK:PYPL"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "unrealized_pnl_percent",
"type": "position"
},
"operator": "less_than_or_equal",
"right": {
"type": "constant",
"value": -2.429
}
}
],
"enabled": true,
"id": "exit_4",
"name": "Stop Loss at 2.4%",
"priority": 100,
"purpose": "stop_loss"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "unrealized_pnl_percent",
"type": "position"
},
"operator": "greater_than_or_equal",
"right": {
"type": "constant",
"value": 4.858
}
}
],
"enabled": true,
"id": "exit_5",
"name": "Take Profit at 4.9%",
"priority": 100,
"purpose": "take_profit"
},
{
"applies_to": "long",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "crossed_above",
"right": {
"rank": 1,
"type": "support_level"
}
}
],
"enabled": true,
"id": "exit_6",
"name": "SL: Below Support[1] (PYPL@1d)",
"priority": 100,
"purpose": "stop_loss"
}
],
"position_sizing": {
"max_position_percent": 25,
"method": {
"fib_stop_ratio": 786,
"risk_percent": 2.429,
"type": "fixed_risk"
},
"min_position_value": 100
},
"trigger_timeframe": "1d",
"version": 1
}Indicator configuration
{
"indicators": [
{
"name": "sma",
"period": 5
},
{
"name": "rsi",
"period": 14
}
]
}Parsed strategy
{
"data_dependencies": [
{
"symbol": "STOCK:PYPL",
"timeframe": "1d"
}
],
"entry_rules": [
{
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "greater_than",
"right": {
"rank": 1,
"type": "resistance_level"
}
},
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "greater_than",
"right": {
"type": "constant",
"value": 47
}
},
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "crossed_above",
"right": {
"rank": 1,
"type": "resistance_level"
}
},
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 40
}
}
],
"direction": "long",
"enabled": true,
"id": "entry_1",
"name": "RSI Crossover Long (PYPL@1d)",
"priority": 1,
"trade_symbol": "STOCK:PYPL"
}
],
"exit_rules": [
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "greater_than",
"right": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"indicator": {
"name": "sma",
"period": 5
},
"type": "indicator"
}
},
{
"left": {
"field": "holding_period_bars",
"type": "position"
},
"operator": "greater_than_or_equal",
"right": {
"type": "constant",
"value": 60
}
}
],
"enabled": true,
"id": "exit_1",
"name": "Position Exit Rule (PYPL@1d)",
"priority": 1,
"purpose": "signal"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "greater_than",
"right": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"ratio": 1272,
"type": "fibonacci_extension"
}
}
],
"enabled": true,
"id": "exit_2",
"name": "TP: Fib Extension 127.2% (PYPL@1d)",
"priority": 96,
"purpose": "take_profit",
"target_symbol": "STOCK:PYPL"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"ratio": 786,
"type": "fibonacci_retracement"
}
}
],
"enabled": true,
"id": "exit_3",
"name": "SL: Fib Retracement 78.6% (PYPL@1d)",
"priority": 100,
"purpose": "stop_loss",
"target_symbol": "STOCK:PYPL"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "unrealized_pnl_percent",
"type": "position"
},
"operator": "less_than_or_equal",
"right": {
"type": "constant",
"value": -2.429
}
}
],
"enabled": true,
"id": "exit_4",
"name": "Stop Loss at 2.4%",
"priority": 100,
"purpose": "stop_loss"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "unrealized_pnl_percent",
"type": "position"
},
"operator": "greater_than_or_equal",
"right": {
"type": "constant",
"value": 4.858
}
}
],
"enabled": true,
"id": "exit_5",
"name": "Take Profit at 4.9%",
"priority": 100,
"purpose": "take_profit"
},
{
"applies_to": "long",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:PYPL",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "crossed_above",
"right": {
"rank": 1,
"type": "support_level"
}
}
],
"enabled": true,
"id": "exit_6",
"name": "SL: Below Support[1] (PYPL@1d)",
"priority": 100,
"purpose": "stop_loss"
}
],
"position_sizing": {
"max_position_percent": 25,
"method": {
"fib_stop_ratio": 786,
"risk_percent": 2.429,
"type": "fixed_risk"
},
"min_position_value": 100
},
"trigger_timeframe": "1d",
"version": 1
}Strategy instructions
Trading agent generated from recommendation idea 'Stripe and Advent offer $53B to buy PayPal at $60.50/share — merger arbitrage play on the buyout spread'. Thesis: Stripe and Advent have reportedly made a joint offer to acquire PayPal at $60.50 per share, a 28% premium to its previous closing price. PayPal's stock jumped 15% in premarket trading, which means it's still trading below the full offer price. If the acquisition proceeds, the stock should naturally gravitate toward that $60.50 level as the deal closes, offering an opportunity to capture the spread between the current price and the buyout price.
Performance
No trade count, win rate, or realized P&L figures are provided in this public preview. The thesis and shared rules do not establish a performance record.
What this public preview can establish
- The dated rule snapshot above shows the conditions evaluated at that time. It does not prove a current trigger or executed trade.
- Technical strategy fields are shared above. Inspect the actual conditions and check when they were evaluated before relying on them.
- No trade count, win rate, or P&L figure is published in this preview. It cannot establish a performance record.
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