DOCU Trade on Sep 8, 2021 14:44 from Marius: Tradervue User Stock Trades.

Markets opened into the week with a few more corporate earnings. Lighter economic calendar. ECB announced a start of bond tapering. FED will be meeting in 2 weeks but mixed to lower anticipated jobs data continuing to being released. Inflation data shows a deceleration from the prior months. EOW notable selling momentum and into quad expiry week. Markets will be entering Q4 after that. Corporate earnings are still showing more positive earnings guidance and industrial/material inventory still strained.

Fundamentals In Play Analysis

DocuSign reported EPS and Revenue beats but guided in-line. A common theme in recent corporate earnings is lower, in-line, and softer guidance are met with more sellers. The company had appreciated by up to ~60% since the last earnings release as well.

Quantitative Analysis

Intraday Fundamentals

RVOL 1.71
AVOL 2.35M
ATR 10.43
Beta 0.84
VIX 17.96
Volatility 4.49% 3.31%
Short Float 3.74%
Shs Float 190.47M
Inst Own 79.10%
Market Cap 52.13B

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

SI 0.864
IV 40.84%
IVP 24%
P/C 0.596
VWAP 285.866

Options Positioning

OI 2191 767
VOL 1585 178
Delta .03 .01
Theta -.16 -.09
Vega .02 .01
Gamma .01 .00
Prob T 5.82% 2.34%
Prob ITM 2.88% 1.16%
MMM +/- 8.328
IV Series 42.44%

Earnings Statistics

Technical Analysis

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

(A/B) setup / (B) execution. 1/2RP, conservative positioning, ~19% allocation. Still an adapting playbook w/ day 1+ plays. I noted the analyst coverages for the company and reiterating and raising PT's. There is a sentiment imbalance here as there is more notable selling. I took the conservative position due to this and it being day 1+. This was a good trade and another trade to build on.