CAR Trade on Nov 2, 2021 11:09 from JRockTrades: Tradervue User Stock Trades.

Gravatar

Shared by
JRockTrades

 

Tags:

Earnings Halt OGT

Holy hell this was one good trade. Usually when stocks do these kinds of moves they are HTB on Thinkorswim, but not today in CAR. I hadn't been paying much attention to CAR, but then some said it halted to the upside, so I looked and was like thats crazy. There are no trades I have in my playbook to buy a stock up like it was so I waited for the backside. It went up to 545 before reversing and halting around 487.

While CAR was halted I put in a bid to get short from 500, which was above where it halted. I was very surprised when it unhalted and I got the shares. My risk was a move above 500 to about 510, though it may have been hard to get out with that small of a hit if it had not worked. It immediately went to 450 where I covered a portion and halted again. I figured the next halt would be around 410, so I put bids to cover ahead of there. Those got hit also. I only had a little left at this point and I closed when it retraced around $30. While my best guess would be that it had more downside left, this is playing with fire and I had made a record number of $$$ on this trade already.


Execution detail:

Date/time Symbol Qty Price Position
2021-11-02 11:09:33 CAR -30 $500.000 -30
2021-11-02 11:09:51 CAR 10 $450.000 -20
2021-11-02 11:15:24 CAR 10 $414.600 -10
2021-11-02 11:16:06 CAR 5 $411.000 -5
2021-11-02 11:16:28 CAR 5 $436.030 0


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!

View plans, Sign up for free, or Log in