SQ Trade on Jul 9, 2020 12:51 from imchrisbrown: Tradervue User Stock Trades.

SQ is so damn sky high with daily RSI's overbought and an insane run up i'm trying to catch the backside of the move, a ten point move to the downside would stoke me out but we don't see any real meaningful selling. Could be potential bull flag but willing to stick to trade thesis to see if it plays out on the basis of this being a probability based game. There's a probability this doesn't work but a backside short just slightly OTM after a large move is justifiable.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-07-09 12:51:54	JUL10 20 127 PUT	buy	$1.250	long
2020-07-09 13:08:38	JUL10 20 126 PUT	sell	$0.7800	short
2020-07-10 09:33:31	JUL10 20 126 PUT	buy	$1.040	0
2020-07-10 09:44:12	JUL10 20 127 PUT	sell	$0.9900	0
2020-07-10 10:03:06	JUL17 20 125 PUT	buy	$4.700	long
2020-07-10 10:11:23	JUL17 20 124 PUT	sell	$3.500	short
2020-07-10 12:34:12	JUL17 20 125 PUT	buy	$4.150	long
2020-07-10 13:18:07	JUL17 20 124 PUT	sell	$3.650	short
2020-07-13 10:30:34	JUL17 20 124 PUT	buy	$1.520	0
2020-07-13 10:30:34	JUL17 20 125 PUT	sell	$1.750	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SQ&trade=17314910&end=20200713103034&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SQ&trade=17314910&end=20200713160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SQ&trade=17314910&end=20200713160000&i=m60&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SQ&trade=17314910&end=20200809&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

SQ Trade on Jul 9, 2020 12:51 from imchrisbrown: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax