Tags:
I missed the opening drive in ZM because I was trading MRNA. The better opportunities were here. I made 10 points trading ZM yesterday and that didn't seem possible today, but I still could trade it.
ZM was consolidating below VWAP. My initial trade was to short the top of the consolidation with a very very tight stop and larger size. Price broke upwards and took that stop out before stuffing. I reentered short right as it entered the consolidation with a stop above where the false breakout had gone to. I took smaller size to accommodate the larger stop. This quickly worked and I covered at lower and lower targets with the idea that if it flushed 200 I still wanted to have a position.
I got all the targets. It did a quick flush of 200 and then popped back over. I could see that if it flushed again then it could go lower. I put a short entry at 199.85 for a small add and that worked as well. I put my final cover at the $10 profit target and in a capitulation like move, I made that as well. Overall, one good trade.
Execution detail:
Date/time | Symbol | Qty | Price | Position |
---|---|---|---|---|
2021-11-23 10:03:18 | ZM | -100 | $206.750 | -100 |
2021-11-23 10:03:18 | ZM | -10 | $206.750 | -110 |
2021-11-23 10:04:13 | ZM | -21 | $206.750 | -131 |
2021-11-23 10:04:13 | ZM | -69 | $206.750 | -200 |
2021-11-23 10:04:18 | ZM | 200 | $207.140 | 0 |
2021-11-23 10:06:15 | ZM | -100 | $206.650 | -100 |
2021-11-23 10:08:00 | ZM | 10 | $205.880 | -90 |
2021-11-23 10:08:02 | ZM | 4 | $205.880 | -86 |
2021-11-23 10:08:02 | ZM | 6 | $205.880 | -80 |
2021-11-23 10:09:55 | ZM | 5 | $205.140 | -75 |
2021-11-23 10:09:55 | ZM | 5 | $205.140 | -70 |
2021-11-23 10:11:26 | ZM | 10 | $205.000 | -60 |
2021-11-23 10:11:40 | ZM | 10 | $204.210 | -50 |
2021-11-23 10:13:05 | ZM | 10 | $203.570 | -40 |
2021-11-23 10:13:26 | ZM | 5 | $203.070 | -35 |
2021-11-23 10:15:32 | ZM | 5 | $202.150 | -30 |
2021-11-23 10:18:57 | ZM | 5 | $202.100 | -25 |
2021-11-23 10:21:57 | ZM | 5 | $201.740 | -20 |
2021-11-23 10:21:59 | ZM | 5 | $201.320 | -15 |
2021-11-23 10:28:59 | ZM | 5 | $200.520 | -10 |
2021-11-23 10:38:55 | ZM | 5 | $199.310 | -5 |
2021-11-23 10:45:35 | ZM | 2 | $201.030 | -3 |
2021-11-23 10:53:35 | ZM | -2 | $199.835 | -5 |
2021-11-23 10:53:35 | ZM | -28 | $199.815 | -33 |
2021-11-23 10:53:53 | ZM | 10 | $199.540 | -23 |
2021-11-23 10:54:03 | ZM | 10 | $199.200 | -13 |
2021-11-23 10:54:51 | ZM | 5 | $198.970 | -8 |
2021-11-23 10:55:37 | ZM | 5 | $198.560 | -3 |
2021-11-23 10:55:48 | ZM | 1 | $198.260 | -2 |
2021-11-23 10:56:01 | ZM | 1 | $198.240 | -1 |
2021-11-23 11:03:25 | ZM | 1 | $196.750 | 0 |
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