Shared by
jfabiano
Stock has a short interest of 67% per FZ with 114M float. Thinking this might have a nice S/S if it gets over $27.80-28 like we saw on GME. $800 position on $30 calls 29DTE. Looking for a squeeze to sell into as it could go $30-40 if we do get one and it goes like GME. ER already past recently and dipped then ripped 5 straight days from $18 to $27. Now bouncing back to highs again and looking for that breakout.
1/22 that didn’t take long but was fueling off of GME crazy squeeze today. Sold a little early as I was trading on phone as wasn’t at the office yet. Still a 100%+ winner in 1 day. Would have been. I’ve to get more of the sells in $3-4 range but happy with my trade plan and execution.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-21 10:16:00 | FEB19 21 30 CALL | buy | $1.350 | long |
| 2021-01-21 10:22:00 | FEB19 21 30 CALL | buy | $1.300 | long |
| 2021-01-22 12:40:00 | FEB19 21 30 CALL | sell | $2.350 | long |
| 2021-01-22 12:41:00 | FEB19 21 30 CALL | sell | $2.500 | long |
| 2021-01-22 12:50:00 | FEB19 21 30 CALL | sell | $2.600 | long |
| 2021-01-22 12:52:00 | FEB19 21 30 CALL | sell | $2.900 | long |
| 2021-01-22 12:58:00 | FEB19 21 30 CALL | sell | $4.000 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!