DKNG Trade on Dec 14, 2020 09:30 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

DKNG
Intraday Fundamentals
• Tech Trader, tight spread good ATR
• Tested 46 and the 47.50 I was looking for, retook 50 Friday late afternoon
Technical Stats
ADV 27.8M RVOL .51 ATR 3.00 Short 6.02% Inst Own 46.7%

Trading Plan
• Long this over 52
• Long this at 50
• VWAP opening trade if this moves closer to the PM high before open

Reading the Tape
NA.. I cannot say that on either trade that what I was seeing on the tape added to any conviction on these trades.
Trade Management
image
Trade Notes
This looked like it was gong to keep going after it broke the PM high. I took it on a quick retest of that level and managed to get a good partial. At the time, I felt that this would let me add later in the day at VWAP. This would dump VWAP faster than I could add which lead me to taking an add at the PM low and again at 50. I started to clear this out as it tested 50.50. I held some through the spike above the PM low looking for a true test of VWAP from underneath this time. I would again have to add to this at 50 clearing it as it fell short of testing the PM low and momentum started to sputter.


Execution detail:

Date/time Symbol Side Price Position
2020-12-14 09:30:37 DKNG buy $50.967 long
2020-12-14 09:31:02 DKNG sell $51.190 long
2020-12-14 09:36:48 DKNG buy $50.565 long
2020-12-14 09:38:14 DKNG buy $50.440 long
2020-12-14 09:42:06 DKNG buy $50.160 long
2020-12-14 09:43:54 DKNG sell $50.479 long
2020-12-14 09:44:36 DKNG sell $50.540 long
2020-12-14 09:54:20 DKNG buy $49.962 long
2020-12-14 09:54:38 DKNG sell $50.081 long
2020-12-14 10:00:57 DKNG sell $50.360 0


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