Shared by
Cklamb
DDOG
Intraday Fundamentals
• Earnings miss target cuts and a downgrade by JPM
Trading Strategy
Reading the Tape
The spread did come in when I took this and the add. But, I did not see anything sizable as it came back into 80.
Trade Management
Trade Notes
This was home run ball. I took this a little early and may have been better waiting for and SMA entry after the dip below 80. I think the add rattle me a bit here as I am trying to get away from that. Plus I added a lot earlier than I should have in this situation. I also needed to take this trade again as it gave it to me. I was working with some house money and this was a deep pull back set up.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-11-11 09:52:20 | DDOG | buy | $80.210 | long |
| 2020-11-11 09:52:39 | DDOG | buy | $80.120 | long |
| 2020-11-11 09:53:42 | DDOG | sell | $80.480 | 0 |
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