AMGN Trade on Aug 28, 2019 15:03 from jakerock25: Tradervue User Stock Trades.

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jakerock25

 

Breaking News Play in AMGN; one of their drugs was rejected by the FDA. This appeared to be bad news as the stock immediately got hit, so I got short risking 1 point with 5 shares; since I was expecting this to be a big move I risked more, looking for a bigger gain. Unfortunately there was no volume or follow through. To be honest I should not have given this as much room as I did (maybe used more shares but less wide of a stop?) because if it was going to work it would have just kept flushing. Unnecessarily large loss relative to my max R.

Started off as a B+ setup and quickly became a C setup, if that


Execution detail:

Date/time Symbol Side Price Position
2019-08-28 15:03:00 AMGN sell $206.510 short
2019-08-28 15:17:03 AMGN buy $207.520 0


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