Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-May 12 2020: UBER to acquire GRUB in 2 for 1 stock deal (2 UBER shares for 1 GRUB)
Technical Analysis
-SPY pattern: Runner
-Intraday pattern: Consolidation
-Levels: 52, 54, 56
Strategy / Confluence / Sizing Guide / Risk
Strategy: FT-15 short of 56 level
Confluence: Whole $
Strike Zone: 55.77 - 56.38
Sizing (lots): 3
Risk (stop / Rs): Hold above 56
Review / Lessons Learned
Fucked up, didn't get to big size, main goal for May was to get to full size in my setups but still aint happening all the time. Requires more thought and work!
Lessons Learned: Always get to pre-defined size
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-05-14 11:17:48 | GRUB | sell | $55.940 | short |
| 2020-05-14 11:19:25 | GRUB | buy | $55.530 | short |
| 2020-05-14 11:19:25 | GRUB | buy | $55.530 | short |
| 2020-05-14 11:19:30 | GRUB | buy | $55.510 | short |
| 2020-05-14 11:19:54 | GRUB | buy | $55.550 | short |
| 2020-05-14 11:21:20 | GRUB | buy | $55.580 | short |
| 2020-05-14 11:21:52 | GRUB | buy | $55.470 | 0 |
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