This was more of a scalping play here. I longed OSUR for a profit. Then it failed to break HOD so I decided to get a piece of some of the downside as well. I wasn't looking for a huge flush because this was the stocks first up day. But, I also knew the probability of it going down after it failed to break highs, was pretty high.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-18 14:29:53 | OSUR | sell | $7.490 | short |
2015-05-18 14:29:53 | OSUR | sell | $7.490 | short |
2015-05-18 14:29:53 | OSUR | sell | $7.490 | short |
2015-05-18 14:29:53 | OSUR | sell | $7.490 | short |
2015-05-18 14:40:23 | OSUR | buy | $7.330 | short |
2015-05-18 14:40:23 | OSUR | buy | $7.330 | short |
2015-05-18 14:41:51 | OSUR | buy | $7.380 | short |
2015-05-18 14:41:51 | OSUR | buy | $7.380 | 0 |
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Good spot to try out. Market has been so strong that not much momentum on shorts.