Shared by
metp2202
Tags:
Took a few stabs at GME this morning and it was still way too strong to fade. Clearly SPY didn't help when it started bouncing at 10AM. There is a big trade coming in this name, the context is just too stupid, this is clearly a nothing more than a short squeeze. Tomorrow if we get a weak open/ fail follow through and possibly a green to red move I'd be very aggressive on it again.
I think that my exec were a bit off on that trade, chasing weakness a bit too much and not having clear define risk levels in mind. the open was def not good for the setup I was looking for. too strong/ too much relative strength.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2022-03-23 09:59:15 | GME | -100 | $135.370 | -100 |
| 2022-03-23 10:07:03 | GME | -10 | $133.710 | -110 |
| 2022-03-23 10:07:18 | GME | -50 | $133.351 | -160 |
| 2022-03-23 10:09:52 | GME | 80 | $137.975 | -80 |
| 2022-03-23 10:10:18 | GME | 80 | $138.440 | 0 |
| 2022-03-23 10:12:05 | GME | -50 | $135.270 | -50 |
| 2022-03-23 10:16:03 | GME | 25 | $139.220 | -25 |
| 2022-03-23 10:16:12 | GME | 25 | $139.505 | 0 |
| 2022-03-23 10:16:51 | GME | -25 | $138.050 | -25 |
| 2022-03-23 10:17:19 | GME | -25 | $137.680 | -50 |
| 2022-03-23 10:20:26 | GME | 50 | $142.320 | 0 |
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