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Shared by
thearmotrader

 

SPLS

Aug 17, 2011 10:32


Tags:


Earnings play
-Bearish consolidation so wanted to find a spot to get short
-Shorted .50 w/ a ~6-7 cent stop
-Added when it held below, but got stopped out that lot when I thought it would reverse...shouldve added back on
-Was away from Desk when it hit lows. I should have had 1/2 cover order at 14.00
-Covered when I got back to desk


Execution detail:

Date/time Symbol Side Price Position
2011-08-17 10:32:23 SPLS sell $14.510 short
2011-08-17 10:32:50 SPLS sell $14.490 short
2011-08-17 10:45:43 SPLS sell $14.440 short
2011-08-17 11:00:40 SPLS buy $14.440 short
2011-08-17 12:48:11 SPLS buy $14.130 short
2011-08-17 12:53:42 SPLS buy $14.080 0


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