DKNG Trade on Dec 8, 2020 10:14 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

DKNG
Intraday Fundamentals
• Technical trader. Tight spread, good ATR, liquid
• Pulled back to 47.50 yesterday and
Technical Stats
ADV 27 M RVOL .89 ATR 2.89 Short 7% Inst Own 46.7%

Trading Plan
• Long an opening flush unless the VWAP opener sets up with time to work it
• Short 48 on a spike stop at .50 clear at 47
Reading the Tape
I can say the tape led to one or two entries here that worked well. Even
Trade Management

I started shorted this a VWAP for a loss and a good hit of VWAP. I started thinking that because 47.50 failed this was working it's way to a test of 45 a stronger level that I have marked for a few months. I would clear the second of these shorts for a great make up trade into 46.22. I would not have the presence of mind to work this back as I did not stay open minded.


Execution detail:

Date/time Symbol Side Price Position
2020-12-08 10:14:15 DKNG sell $46.685 short
2020-12-08 10:20:00 DKNG buy $46.580 short
2020-12-08 10:23:03 DKNG buy $46.225 0


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