Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Nov 09 2020: Pfizer says vaccine is 90%+ effective, available as early as December this year
-Dec 22 2020: Lots of vaccine news being released (deals being signed with various countries)
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Fade
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: B grade distribution short of 36.74 floor
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 1000
Risk (stop / Rs): 36.81
Review / Lessons Learned
Would have been A grade had floor been symmetrical and stock not be so extended to the downside on the macro view. Still small 1R trade here
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-22 13:56:38 | PFE | sell | $36.745 | short |
| 2020-12-22 13:56:38 | PFE | sell | $36.745 | short |
| 2020-12-22 13:59:25 | PFE | sell | $36.740 | short |
| 2020-12-22 13:59:25 | PFE | sell | $36.742 | short |
| 2020-12-22 13:59:25 | PFE | sell | $36.740 | short |
| 2020-12-22 13:59:25 | PFE | sell | $36.740 | short |
| 2020-12-22 13:59:25 | PFE | sell | $36.740 | short |
| 2020-12-22 14:01:11 | PFE | buy | $36.710 | short |
| 2020-12-22 14:01:11 | PFE | buy | $36.708 | short |
| 2020-12-22 14:01:11 | PFE | buy | $36.710 | short |
| 2020-12-22 14:04:15 | PFE | buy | $36.680 | short |
| 2020-12-22 14:04:15 | PFE | buy | $36.680 | short |
| 2020-12-22 14:05:36 | PFE | buy | $36.690 | short |
| 2020-12-22 14:10:27 | PFE | buy | $36.700 | 0 |
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