BNTX Trade on Aug 11, 2021 13:38 from Marius: Tradervue User Stock Trades.

US infrastructure bill was passed by the Senate this week and there were rotational shifts from growth to value. GLD sold off notably while DXY finding a bid. Earnings still in full swing with more big box retailers reporting next week. Economic reports on inflation the past coupled are showing a peak. 10 year yield and financial areas with a bid change in momentum.

Fundamentals In Play Analysis

BioNTech SE is part of the leading vaccine producers in the current market. It shows strong correlation with Moderna and Pfizer. Moderna had strong recent bids in place with valuations and price extensions. Both companies had earnings recently as well however there is more weight in the former as the company also has had an exceptional bid into their quarterly report.

Quantitative Analysis

Intraday Fundamentals

RVOL 4.37
AVOL 3.33M
ATR 33.85
Beta -
Volatility 14.42% 9.86%
Short Float 0.73%
Shs Float 214.95M
Inst Own 14.80%
Market Cap 90.30B

Options Statistics + Tape Reading + Order Flow + Dark Pool Levels + Flow Sentiment

SI 1.809
IV 92.60%
IVP 52%
P/C 0.835
VWAP 371.99

EOQ 250k+ order flow. Noting the golden sweeps at 620 and UOA at the opening bell. Mixed longer-term sentiment but shorter-term momentum is controlled by sellers.

DP level from 08/02

Options Positioning

OI 1195 291
VOL 1035 120
Delta .02 .01
Theta -.33 -.22
Vega .01 .01
Gamma .00 .00
Prob T 2.33% 1.27%
Prob ITM 1.13% 0.61%
MMM +/- 30.89
IV Series 127.38%

Earnings Statistics

Technical Analysis

Trade Setup/Execution Grade + Risk (risk:premium) + Positioning + Size/Allocation Management & Review

(B/C) setup/ (B/C) execution, 1/3RP, ~23% allocation. Overall trade idea was excellent. We were anticipating a HTF turn and I was waiting for my specific setup. The playbook is still in development and this is still conservative in positioning. I however traded this in sympathy with another vaccine company MRNA + also viewing PFE. My risk was split into two correlated positions but within a sector as both showed similar trading characteristics and pivotal changes. Will be tagging this as a basket trade as well for references. In the future I will be selecting positioning closer to the market as the playbooks become (A) setups overtime. Definitely more opportunity here in future trading.

Weekly Trading Review

Overall week was good to great as I'm continuing to implement more specific and detailed pre-market research for trades. The latter trades of the week were not part of my (A) playbook setups however I'm continuing to develop them as I'm building my business. There is more opportunity in these playbooks and looking forward to these. Continuing to manage my risks appropriately with more specific variables. This week I had been pushing in-line with my current highs of total positions but with the new risk and allocation variables in place. I also had been briefly looking at how Swang and Shark place there multiple positions. I'm thinking as my experience and capital progresses I'll be able to put more trades on with larger size managing risks. Possibly in the future I'll also be able to place different timeframe trades on as I'm doing this with a mid-term and long-term timeframe portfolio with common shares. An options multi time frame (weekly/monthly/quarterly) account/portfolio may be something I'm working towards and something to think about.