Shorted 32.10, with stop 10c above looking for a breakdown below 31.80 to get my 1:5 risk/reward. I covered at 31.65, a bit early.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2011-08-24 11:35:44 | AVGO | sell | $32.100 | short |
2011-08-24 12:04:09 | AVGO | buy | $31.650 | 0 |
2011-08-24 12:37:53 | AVGO | sell | $32.000 | short |
2011-08-24 12:44:19 | AVGO | buy | $32.000 | 0 |
2011-08-24 12:55:16 | AVGO | sell | $32.100 | short |
2011-08-24 13:02:02 | AVGO | buy | $32.200 | 0 |
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Nice trade!
I was actually thinking of the same thing, but my entry was early (tried at 32.00, stopped out thinking it was going to go...never got back in)...