Shared by
tasos777btj
SQ
Short trade on $SQ today morning. Saw selling pressure on Level 2 pre-market and went short. Didn't make the move I was anticipating quite a few times so I ended up breaking even or covering for a small profit as I was afraid of a squeeze. At around 9:30 it had a pullback but was looking weak+ big sellers at around $70.00 level,that was an indication for me to go short and ended up covering all the way down to $68.99 for a nice profit.
May 2, 2019 09:26
Shares traded: 11000
Closed Gross P&L: $1355.00
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-05-02 09:26:01 | SQ | sell | $69.720 | short |
| 2019-05-02 09:28:50 | SQ | buy | $69.700 | 0 |
| 2019-05-02 09:30:14 | SQ | sell | $69.760 | short |
| 2019-05-02 09:30:46 | SQ | buy | $69.760 | 0 |
| 2019-05-02 09:31:31 | SQ | sell | $70.300 | short |
| 2019-05-02 09:32:12 | SQ | buy | $70.260 | 0 |
| 2019-05-02 09:32:26 | SQ | sell | $70.040 | short |
| 2019-05-02 09:32:53 | SQ | buy | $68.990 | 0 |
| 2019-05-02 09:35:10 | SQ | sell | $69.430 | short |
| 2019-05-02 09:36:18 | SQ | sell | $69.800 | short |
| 2019-05-02 09:37:27 | SQ | buy | $69.390 | 0 |
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Short trade on $SQ today morning. Saw selling pressure on Level 2 pre-market and went short. Didn't make the move I was anticipating quite a few times so I ended up breaking even or covering for a small profit. At around 9:30 it had a pullback but was looking weak+ big sellers at around $70.00 level.That was an indications for me to go short and ended up covering all the way down to $68.99 for a nice profit.