$786 Profit
CDXSLong Stock
Entry comments: Nice contract win with Merck today, its held its gains all day, solid support at 3.80ish so risk of roughly 15 cents/share from my entry, goal is to sell into gap up/morning spike tomorrow in the low to mid 4s, 30-50 cents/share of upside, nothing huge, but sold contract with blue chip company for a small company
Exit comments: Got a little morning spike but not much more, AVXL short doing better so I'll focus on that position, exit trades that don't work well, focus on trades that do play out as expected
Newsletters:TimChallengeTimAlertsPennystocking Silver
Broker:ETrade
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Position Updates
- Aug 04, 15 3:42 PM: Bought 5000 at 3.97 - Nice contract win with Merck today, its held its gains all day, solid support at 3.80ish so risk of roughly 15 cents/share from my entry, goal is to sell into gap up/morning spike tomorrow in the low to mid 4s, 30-50 cents/share of upside, nothing huge, but sold contract with blue chip company for a small company
- Aug 05, 15 9:33 AM: Added 2000 at 3.98 - Tried dip buying more, only got partial fill, probable delayed morning spike given support at 3.90ish
- Aug 05, 15 9:43 AM: Sold 7000 at 4.07 - Got a little morning spike but not much more, AVXL short doing better so I'll focus on that position, exit trades that don't work well, focus on trades that do play out as expected
| Date | Price | |
|---|---|---|
| Entry | 8/4/2015 | 3.9729 |
| Exit | 8/5/2015 | 4.085 |
- Total Views1,248
- Position Size7,000
- Percentage2.82%
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