PTON Trade on Dec 15, 2020 15:51 from thefudawg: Tradervue User Stock Trades.

Tuesday 12/17

On Monday we got some news that

PTON would be included in the Nasdaq 100

and that provided a nice pop. We have been steadily clearing levels on PTON and with POC above at $131. I entered a PCS that was pretty OTM near EOD as we were starting to see a strong close breaking above HOD. We've been in a daily squeeze with rapidly growing bullish momentum.

Wednesday 12/16
Overnight blip: "Pelton shares are trading higher amid continued COVID-19 concerns despite the current vaccine rollout Rising COVID-19 cases and lockdown concerns have benefitted the outlook for home fitness.

PTON had some massive volume today and broke through prior POC and had an extremely strong close. PTON fired it's daily squeeze today and we ended the day with the PCS at 80% max profit, but after hitting $134 and getting close to a new ATH - I think I will let this ride into Friday to close near max profit, unless PTON continues to go on a ripper tomorrow.

Thursday 12/17
Continued with strength and approaching ATH so I closed it for 8 cents. Sold it at $1.28 (95% max profit) so I could take back my buying power.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-12-15 15:51:53	DEC18 20 120 PUT	buy	$0.8200	long
2020-12-15 15:51:53	DEC18 20 125 PUT	sell	$2.100	short
2020-12-17 10:20:41	DEC18 20 120 PUT	sell	$0.0400	0
2020-12-17 10:20:41	DEC18 20 125 PUT	buy	$0.1200	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PTON&trade=23048215&end=20210115&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PTON&trade=23048215&end=20201217102041&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PTON&trade=23048215&end=20201217102041&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=PTON&trade=23048215&end=20201217102041&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

PTON Trade on Dec 15, 2020 15:51 from thefudawg: Tradervue User Stock Trades.

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