ENPH Trade on Oct 27, 2021 14:13 from Marius: Tradervue User Stock Trades.

Markets continued momentum from the prior week with some selling mid and buying higher to end the month. Seasonal market trends favor buyers into the end of the year but will be watching closely for notable changes if the rate of buying and positive sentiment increases with more momentum. Very notable week in regards of total company earnings reports. Supply constraints were noted in multiple areas. Hyperinflation and cryptocurrency are also seen in high public relation sentiment but noteworthy fundamental and market structure developments are continuing to be observed. (ie. ETF/SEC regulations, FED updates on policies + global central banks)

Fundamentals In Play Analysis

Enphase Energy reported strong EPS + Revenue beats + guided Q4 revenues higher. This is also within a strong and in-play energy industry. The company delivers energy management technology for the solar industry.

Quantitative Analysis

Intraday Fundamentals

RVOL 7.98
AVOL 1.90M
ATR 10.92
Beta 1.13
VIX 16.98
Volatility 5.69% 5.04%
Short Float 3.70%
Shs Float 126.15M
Inst Own 73.10%
Market Cap 29.62B

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

SI 9.751
IV 58.09%
IVP 13%
P/C 0.59
VWAP 215.857

Options Positioning

OI 13 291
VOL 489 281
Delta -.03 -.01
Theta -.20 -.07
Vega .01 .00
Gamma .00 .00
Prob T 7.71% 2.28%
Prob ITM 3.91% 1.16%
MMM +/- 11.243
IV Series 72.15%

Earnings Statistics

Technical Analysis

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

Trade Setup : A+
Execution : A/B
Risk/Premium : 0.4/1
Positioning Risk | Std Dev : conservative/moderate | -2.16
Size/Allocation Risk : 13%
Dynamic Risk : No

I had a conservative/moderate position in this A+ setup due to a little bit of recency bias on the UPS trade. I now recognize that I should have been more aggressive in this trade due to the specific variables on the reports. A closer delta position at 1.5 Std Dev with increased size up to 20% allocation would have been appropriate. This is also within reviewing the options order flow. In future A+/A trades I will need to identify the important fundamental variables in the trade and differentiate these with other similar technical setups. Triple beats are a good trade.