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My view on SP500.
We are down to the VWAP starting from the low on March 23, 2020. It has acted as a price support many times, probably will be now as well. But in general I expect on the turquoise VWAP around 3048
Interesting situation on PayPal Holdings Inc. The price has fallen by VWAP, built from historical price lows. So far, the stock has fallen 77% from the historical highs reached in July 21.
It may be helpful to look toward buying call options
For intraday options trading on Monday I recommend to take the following puts and calls expiring on 08.08: 415 Call anfd 409 Put. Cause of the targets at SPY