Shared by
thefudawg
News:
- Rynair CEO: Expects to take 25-30 Max aircraft in time for summer 2021. Getting close to concluding talks with Boeing on compensation and possible additional Max orders.
- Rynair CEO: Boeing is keen to announce new customer orders and we would be very keen to be at front of the queue.
Quick scalp on this as we had a morning dump on this news but quickly picked back up to the 1m 21 EMA and VWAP, which is where I entered. This was also where the strong buying momentum was starting to fire after a reversal after selling momentum squeeze dried up. Locked it right before it started to fail, which was a great entry, but for me it was just at a spot I was happy with. (5 green bars, didn't feel like pushing the probability anymore). There was a lot of rotation into IWM (small caps) and IYT (transportation) today.
Grade: A+
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-11-24 09:42:57 | NOV27 20 220 CALL | buy | $4.300 | long |
| 2020-11-24 09:43:03 | NOV27 20 220 CALL | buy | $4.300 | long |
| 2020-11-24 09:43:03 | NOV27 20 220 CALL | buy | $4.300 | long |
| 2020-11-24 09:46:53 | NOV27 20 220 CALL | sell | $4.750 | long |
| 2020-11-24 09:46:53 | NOV27 20 220 CALL | sell | $4.750 | 0 |
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