BIIB Trade on Dec 23, 2014 14:10 from tombro: Tradervue User Stock Trades.

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tombro

Entered (late) on flag break
Better entries were at 1:45 on 1-2-3 setup @ 331.18 or flag break @ 2:05pm at 331.67
Stop 331.89
After I got into this, the combination of the spread,the way it was moving (maybe I hadn't fully accepted how a $332 stock moved), and that it was a 33k position, made me feel uncomfortable so I closed it early.
Before I bot the stock,I tried to buy the 330 calls, but the spread was wide,I didn't want to pay the ask, and didn't get filled between the mid and ask (mid= price between bid and ask)

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-12-23 14:10:08	BIIB	buy	$332.430	long
2014-12-23 14:26:24	BIIB	sell	$333.080	long
2014-12-23 14:26:32	BIIB	sell	$333.080	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BIIB&trade=1648700&end=20141223155032&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BIIB&trade=1648700&end=20141223160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BIIB&trade=1648700&end=20141223160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BIIB&trade=1648700&end=20150122&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

BenLbTrading

2014-12-23 20:51:18

I get very nervous with large spreads and would've bailed out too.

Nape_BOWS

2014-12-25 06:34:58

You had it, but yeah you definitely have to stomach the pain when trading these large cap stocks as the spread does get wild.

BIIB Trade on Dec 23, 2014 14:10 from tombro: Tradervue User Stock Trades.

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