Shared by
metp2202
Tags:
raw momentum, running because they were presenting at a summit from 16-18 February, 90% of the time those are great sell the news setup. I saw the fail follow through at the open at 1.8. I got short 2.5 k shares at 1.73, I think that this was a little light considering my risk parameters. I could have been short at least 5-6k on this starter size position risking the 1.8 area. I added 1 k at 1.63, and double up on my position at 1.59 thinking that we would go green to red pretty fast. The 1.5 level was really defending so I took my position off at 1.51-1.52. Overall decent execution, I just think that I could have done a better job at putting on risk on this trade, I had a lot of conviction on this setup this morning.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2021-02-18 09:41:41 | ONTX | -8 | $1.730 | -8 |
| 2021-02-18 09:41:41 | ONTX | -192 | $1.730 | -200 |
| 2021-02-18 09:41:41 | ONTX | -100 | $1.730 | -300 |
| 2021-02-18 09:41:41 | ONTX | -200 | $1.730 | -500 |
| 2021-02-18 09:41:41 | ONTX | -200 | $1.730 | -700 |
| 2021-02-18 09:41:41 | ONTX | -234 | $1.730 | -934 |
| 2021-02-18 09:41:41 | ONTX | -100 | $1.730 | -1034 |
| 2021-02-18 09:41:41 | ONTX | -66 | $1.730 | -1100 |
| 2021-02-18 09:42:13 | ONTX | -143 | $1.720 | -1243 |
| 2021-02-18 09:42:13 | ONTX | -1000 | $1.720 | -2243 |
| 2021-02-18 09:42:13 | ONTX | -257 | $1.720 | -2500 |
| 2021-02-18 09:47:53 | ONTX | -300 | $1.680 | -2800 |
| 2021-02-18 09:56:57 | ONTX | -500 | $1.630 | -3300 |
| 2021-02-18 09:56:57 | ONTX | -200 | $1.630 | -3500 |
| 2021-02-18 09:56:57 | ONTX | -100 | $1.630 | -3600 |
| 2021-02-18 09:56:57 | ONTX | -200 | $1.630 | -3800 |
| 2021-02-18 10:01:56 | ONTX | -100 | $1.590 | -3900 |
| 2021-02-18 10:01:56 | ONTX | -100 | $1.590 | -4000 |
| 2021-02-18 10:01:56 | ONTX | -100 | $1.590 | -4100 |
| 2021-02-18 10:01:56 | ONTX | -100 | $1.590 | -4200 |
| 2021-02-18 10:01:56 | ONTX | -600 | $1.590 | -4800 |
| 2021-02-18 10:01:56 | ONTX | -147 | $1.590 | -4947 |
| 2021-02-18 10:01:56 | ONTX | -400 | $1.590 | -5347 |
| 2021-02-18 10:01:56 | ONTX | -400 | $1.590 | -5747 |
| 2021-02-18 10:01:56 | ONTX | -53 | $1.590 | -5800 |
| 2021-02-18 10:01:56 | ONTX | -1000 | $1.590 | -6800 |
| 2021-02-18 10:05:26 | ONTX | 300 | $1.530 | -6500 |
| 2021-02-18 10:22:37 | ONTX | 1000 | $1.520 | -5500 |
| 2021-02-18 10:22:37 | ONTX | 1000 | $1.520 | -4500 |
| 2021-02-18 10:22:37 | ONTX | 1000 | $1.520 | -3500 |
| 2021-02-18 10:26:15 | ONTX | 1000 | $1.520 | -2500 |
| 2021-02-18 10:26:15 | ONTX | 1000 | $1.515 | -1500 |
| 2021-02-18 10:26:16 | ONTX | 1000 | $1.520 | -500 |
| 2021-02-18 10:26:19 | ONTX | 100 | $1.515 | -400 |
| 2021-02-18 10:26:19 | ONTX | 100 | $1.520 | -300 |
| 2021-02-18 10:26:19 | ONTX | 100 | $1.520 | -200 |
| 2021-02-18 10:26:20 | ONTX | 100 | $1.520 | -100 |
| 2021-02-18 10:26:20 | ONTX | 100 | $1.520 | 0 |
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