ZM Trade on Oct 15, 2020 09:30 from thefudawg: Tradervue User Stock Trades.

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thefudawg

 

News from yesterday: "Mnuchin Says Deal On Coronavirus Bill Will Be Hard To Get Done Before Election But Will Keep Trying; Says Politics Are Getting In The Way Of Coronavirus Relief Bill" Big COVID panic from Europe thinking of another shutdown, no stimulus - market retraced yesterday. Got upgraded by Needham PT upgrade to $540, had a killer Conference yesterday detailing their growth.

Premarket - ZM had massive volume PM and and was showing incredible strength. Started to recover everything from AH and was green at open. Jumped in at open, $520s were $7.xx, but was able to get filled ~$6.20. Got out 3 minutes later at $9.9.

ZM came back down to VWAP, was looking for a bounce, re-entered due to sheer strength and 1M+ volume on the 15m candle. Got in at $8.3, broke our $520 level and scaled out half at $10.85. Pushed up again, but couldn't break $524 level so closed out at a nice $11.50.

Grade: A++
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Execution detail:

Date/time Symbol Side Price Position
2020-10-15 09:30:10 OCT16 20 520 CALL buy $6.250 long
2020-10-15 09:30:10 OCT16 20 520 CALL buy $6.200 long
2020-10-15 09:30:10 OCT16 20 520 CALL buy $6.200 long
2020-10-15 09:30:10 OCT16 20 520 CALL buy $6.200 long
2020-10-15 09:30:10 OCT16 20 520 CALL buy $6.200 long
2020-10-15 09:30:10 OCT16 20 520 CALL buy $6.200 long
2020-10-15 09:32:21 OCT16 20 520 CALL sell $9.900 long
2020-10-15 09:32:21 OCT16 20 520 CALL sell $9.900 long
2020-10-15 09:32:21 OCT16 20 520 CALL sell $9.900 0
2020-10-15 09:40:29 OCT16 20 520 CALL buy $8.300 long
2020-10-15 09:40:29 OCT16 20 520 CALL buy $8.300 long
2020-10-15 09:41:56 OCT16 20 520 CALL sell $10.850 long
2020-10-15 09:41:59 OCT16 20 520 CALL sell $10.850 long
2020-10-15 09:42:14 OCT16 20 520 CALL sell $10.850 long
2020-10-15 09:43:12 OCT16 20 520 CALL sell $11.500 0
2020-10-15 10:17:00 OCT16 20 530 CALL buy $9.550 long
2020-10-15 10:26:33 OCT16 20 530 CALL sell $8.950 0


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