PG Trade on Oct 19, 2021 15:32 from Marius: Tradervue User Stock Trades.

Second week into earnings season with continued momentum from the prior week. SPY reached new highs to end the week. Busy week with more corporate reports and announcements. The first futures backed Bitcoin ETF started trading. Next couple weeks will be filled with more earnings scheduled and the technology industry reporting.

Fundamentals In Play Analysis

Proctor & Gamble reported modest top and bottom-line beats with reaffirmed guidance of +3-6% y/y. They stated challenges with higher than expected inflationary pressures which will affect near-term EPS. There has a been relative strength allocation shift for consumer discretionary vs. consumer staples companies from a broad view currently developing. The company has strong fundamentals and top performing within its industry but broad/macro trends are continuing to weigh in on those fundamentals as well.

Quantitative Analysis

Intraday Fundamentals

RVOL 1.44
AVOL 6.61M
ATR 1.99
Beta 0.42
VIX 15.70
Volatility 1.14% 1.26%
Short Float 0.59%
Shs Float 2.43B
Inst Own 65.50%
Market Cap 340.69B

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

SI 3.008
IV 18.83%
IVP 23%
P/C 0.323
VWAP 139.949

Options Positioning

OI 395 346 853 700
VOL 188 284 131 106
Delta -.04 -.01 .05 .01
Theta -.05 -.02 -.05 -.02
Vega .01 .00 .01 .00
Gamma .02 .01 .03 .01
Prob T 9.46% 3.23% 8.84% 3.58%
Prob ITM 4.77% 1.63% 4.38% 1.78%
MMM +/- 2.366
IV Series 20.81%

Earnings Statistics

Technical Analysis

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

Trade Setup : A/B (playbook adaptation)
Execution : A
Risk/Premium : 0.47/1
Positioning Risk - Std Dev : conservative/moderate - +3.89 -3.11
Size/Allocation Risk : 21%
Dynamic Risk : No

I recognized the bid support after profit taking within a macro trend development. The company report within its industry was also important. Risk was managed well. Consider adding size on the side of relative strength, either at entry or after day 2.