Shared by
metp2202
Tags:
No news play, running in sympathy with RKT, I was looking for the short when I saw that RKT was super weak out of the gate, I thought that UWMC would flush with it / have some follow through to the downside. I got involve at 10.58 with 600 shares, I added some more at 10.45 thinking that we would be flushing right away. I was too big with size so I took a partial off at 10.74, got back in at 10.5 2.3 k shares total and started covering into 10.2 ish. I was really fast to cover on this one which ended up being a mistake cause I missed a big chunk below 10. I think that I could have control my exit a bit more and capitalize on the flush instead of just taking a small piece...
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2021-03-03 09:53:11 | UWMC | -500 | $10.580 | -500 |
| 2021-03-03 09:53:32 | UWMC | -150 | $10.660 | -650 |
| 2021-03-03 09:53:45 | UWMC | -150 | $10.640 | -800 |
| 2021-03-03 09:54:38 | UWMC | -800 | $10.450 | -1600 |
| 2021-03-03 09:55:36 | UWMC | 800 | $10.740 | -800 |
| 2021-03-03 09:57:44 | UWMC | -200 | $10.680 | -1000 |
| 2021-03-03 09:57:44 | UWMC | -200 | $10.680 | -1200 |
| 2021-03-03 09:58:21 | UWMC | -200 | $10.520 | -1400 |
| 2021-03-03 09:58:21 | UWMC | -200 | $10.520 | -1600 |
| 2021-03-03 10:01:05 | UWMC | -700 | $10.500 | -2300 |
| 2021-03-03 10:01:14 | UWMC | 100 | $10.420 | -2200 |
| 2021-03-03 10:03:44 | UWMC | 100 | $10.350 | -2100 |
| 2021-03-03 10:03:58 | UWMC | 100 | $10.250 | -2000 |
| 2021-03-03 10:04:01 | UWMC | 100 | $10.265 | -1900 |
| 2021-03-03 10:04:01 | UWMC | 100 | $10.265 | -1800 |
| 2021-03-03 10:04:50 | UWMC | 100 | $10.210 | -1700 |
| 2021-03-03 10:04:52 | UWMC | 100 | $10.140 | -1600 |
| 2021-03-03 10:04:52 | UWMC | 100 | $10.150 | -1500 |
| 2021-03-03 10:04:52 | UWMC | 100 | $10.140 | -1400 |
| 2021-03-03 10:04:52 | UWMC | 100 | $10.150 | -1300 |
| 2021-03-03 10:05:06 | UWMC | 500 | $10.060 | -800 |
| 2021-03-03 10:05:12 | UWMC | 800 | $10.080 | 0 |
Comments
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!
UWMC was a tough trading stock for me today. Way to make the most of it!