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Shared by
Cklamb

 

HOG

Oct 22, 2019 14:39


Shares traded: 500
Closed Gross P&L: $-1.20

Tags:

Short Breakdown Play

HOG
Intraday Fundamentals
• Harley-Davidson Q3 Earnings, Revenue Exceed Estimates; Shares up 5%
• BZ: Harley-Davidson International Retail Sales Up 2.7%, US Retail Sales Down 3.6%
• Harley-Davidson Q3 Adj. EPS $0.70, GAAP EPS $0.55 vs $0.51 Estimate, Sales $1.97B Beat $1.04B Estimate
• *Harley-Davidson 3Q Worldwide Retail Motorcycle Sales Down 1.2% >HOG
• Summary thoughts. They are significantly down on all counts even the only piece that was good is the current EPS beat and revenue
• NOT as bad as the street though??? Is that a reason to long???
Technicals
ADV 1.9 M RVOL 1.3 ATR 1.02 BETA 1.2 Short 11% Inst Own. 99%
Daily

Hourly

Intraday

Trading Strategy
• Short Bias
• This may be the best opening short, some people are up as much 10% due to
Reading the Tape
I tired to pick spots in the afternoon. But, in this one, it would look weak and turn strong and vice versa.
Trade Management

• My bias hurt in the late morning
• The HoD shorts were well played. I did nee to hold the trade coming off the HoD and kept the remainder until there was reason to sell


Execution detail:

Date/time Symbol Qty Price Position
2019-10-22 14:39:53 HOG -30 $40.485 -30
2019-10-22 14:40:40 HOG 30 $40.515 0
2019-10-22 14:45:09 HOG -20 $40.480 -20
2019-10-22 14:47:25 HOG -20 $40.602 -40
2019-10-22 14:47:49 HOG 40 $40.665 0
2019-10-22 14:50:43 HOG -50 $40.775 -50
2019-10-22 14:54:31 HOG 25 $40.720 -25
2019-10-22 14:58:08 HOG 25 $40.610 0
2019-10-22 15:00:38 HOG -10 $40.480 -10
2019-10-22 15:22:21 HOG 10 $40.766 0
2019-10-22 15:27:17 HOG -20 $40.690 -20
2019-10-22 15:27:26 HOG 20 $40.715 0
2019-10-22 15:28:02 HOG -20 $40.710 -20
2019-10-22 15:28:52 HOG 20 $40.678 0
2019-10-22 15:30:09 HOG -20 $40.600 -20
2019-10-22 15:30:12 HOG 20 $40.578 0
2019-10-22 15:31:37 HOG -1 $40.520 -1
2019-10-22 15:31:37 HOG -19 $40.520 -20
2019-10-22 15:31:45 HOG 20 $40.508 0
2019-10-22 15:32:04 HOG -20 $40.485 -20
2019-10-22 15:32:09 HOG 20 $40.463 0
2019-10-22 15:32:44 HOG -20 $40.416 -20
2019-10-22 15:32:58 HOG 20 $40.380 0


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