Temporary top was set. Shorted the double top and was prepared for higher. Ultimate risk was a break of $18.00 because I know that $AMC likes to spike a lot higher than expected. Once my 2nd cover hit I put in a range order for either a STP at breakeven or a cover at $7.10 support line.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-07-20 12:11:07 | AMC | sell | $17.470 | short |
2022-07-20 12:37:07 | AMC | buy | $17.320 | short |
2022-07-20 12:43:56 | AMC | buy | $17.210 | short |
2022-07-20 13:09:45 | AMC | buy | $17.110 | 0 |
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