2nd Trade:
After the DC I was confident the stock won't reach VWAP again. Shorted the pop and added at around VWAP risking $4.55 (5 cent slippage above half dollar mark + above VWAP).
--> I think it was a high probability trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-12-11 09:51:06 | VTVT | sell | $4.090 | short |
2020-12-11 09:54:07 | VTVT | sell | $4.390 | short |
2020-12-11 09:55:04 | VTVT | buy | $4.550 | 0 |
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