DKNG Trade on Dec 8, 2020 11:20 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

Trade Notes

This was extended and not something that I need to be to critical about. I would follow this with some worse set ups. I was convinced that this had travel way more than it should have. This stayed strong the rest of the day. It would give me a few opportunities to clean a couple of small profits. I would get convinced that this would follow through to VWAP and it never did. I did work the average good until the last spike above 50. I missed the best chance to clean this up as I decided to take a screen break and eat. This would cost me most of what I scratched out of this name.


Execution detail:

Date/time Symbol Side Price Position
2020-12-08 11:20:18 DKNG sell $48.434 short
2020-12-08 11:26:31 DKNG buy $48.560 0


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