Shared by
efernandes
Recent IPO that brokeout today off the IPO start price.
Got in close close to VWAP when it was getting tighter and looked like it could spike, ended up getting stuffed because of a lot of selling.
Held and decided to stay to my risk level b/c that is how I managed my size.
when it tried to breakdown and make a higher low, I doubled my risk and moved risk to the higher low.
There was another higher low which I could have readded but didnt want to go way over my risk.
Ended up squeezing and sold into the spike. B/c of how fast it spiked in 2 mins, i decided to sell all b/c it reached my goal instead of waiting to see if it could continue.
Stock started to consolidate and allowed for another opportunity but I was happy with the fact that I went from red to green on the day and decided not to get in. It had another squeeze that was nice.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-11-19 12:31:00 | AUR | buy | $14.880 | long |
| 2021-11-19 13:34:00 | AUR | buy | $14.575 | long |
| 2021-11-19 14:56:00 | AUR | sell | $15.628 | long |
| 2021-11-19 14:56:00 | AUR | sell | $15.875 | long |
| 2021-11-19 14:58:00 | AUR | sell | $16.090 | 0 |
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