SRPT Trade on Nov 24, 2014 09:41 from cyZ: Tradervue User Stock Trades.

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cyZ

 

A B sympathy gu to RNA buyout

se 16.95 pop near 17.00 pMS2R
add 16.88 after brief pop to 17.15; considered adding on the pop (VWAP 17.09) but waited to get back below 16.90 held bid

great opp to add on the pop to 16.96 with littl buying above .93 and held offer .92 soaking up shares

first bidding .51 LOD, level touched, but not filled
pulled bid after selling increased and I expected break below, bid 16.29
LOD 16.36
held bid .44-.45 and flagging

exit 2/3 taking offer at .49
stop 1/3 buy stop .51

Overall solid trade.
Avoided temptation of taking discomfort exit at 10:13 on pop to .70; .74 was area with a held offer earlier and no break in dt.
Decisive on exits; evidence and sensed the tide had turned and got out, in fact, flipped to long
Good tape reading.

Improvement:
-- initial add was only 1/2 initial entry. By this time, it was a much better trade; could have added at least equal amount if not more.
-- add on that pop to .96


Execution detail:

Date/time Symbol Side Price Position
2014-11-24 09:41:40 SRPT sell $16.950 short
2014-11-24 09:46:35 SRPT sell $16.880 short
2014-11-24 10:26:43 SRPT buy $16.490 short
2014-11-24 10:27:46 SRPT buy $16.510 0


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