Shared by
metp2202
Tags:
Raw momentum
First day that we actually saw some form of weakness on this name as we were dropping below important support levels from prior days. I got short at 8ish with starter size and started adding into 7.7-7.8, only managed to put on half of full size. Covers were not great, I didn't do a good job at covering below 7.4 and got stopped out on the rest for break-even.
I think that the important lesson is to note the change in character vs last few days, this was really the first time that we saw some selling pressure coming in after 10 AM.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2022-08-03 10:02:39 | REV | -100 | $8.020 | -100 |
| 2022-08-03 10:03:23 | REV | -50 | $8.030 | -150 |
| 2022-08-03 10:03:23 | REV | -50 | $8.030 | -200 |
| 2022-08-03 10:04:10 | REV | -72 | $8.040 | -272 |
| 2022-08-03 10:04:10 | REV | -10 | $8.040 | -282 |
| 2022-08-03 10:04:10 | REV | -18 | $8.040 | -300 |
| 2022-08-03 10:04:44 | REV | -15 | $8.030 | -315 |
| 2022-08-03 10:04:52 | REV | -85 | $8.030 | -400 |
| 2022-08-03 10:05:34 | REV | -100 | $8.020 | -500 |
| 2022-08-03 10:08:02 | REV | -100 | $8.020 | -600 |
| 2022-08-03 10:08:44 | REV | -100 | $8.020 | -700 |
| 2022-08-03 10:09:14 | REV | -100 | $8.130 | -800 |
| 2022-08-03 10:15:05 | REV | -100 | $7.970 | -900 |
| 2022-08-03 10:15:14 | REV | -10 | $7.980 | -910 |
| 2022-08-03 10:15:25 | REV | -90 | $7.990 | -1000 |
| 2022-08-03 10:19:53 | REV | -500 | $7.830 | -1500 |
| 2022-08-03 10:26:16 | REV | -100 | $7.620 | -1600 |
| 2022-08-03 10:26:22 | REV | -100 | $7.660 | -1700 |
| 2022-08-03 10:34:05 | REV | -1 | $7.610 | -1701 |
| 2022-08-03 10:34:09 | REV | -1 | $7.600 | -1702 |
| 2022-08-03 10:34:10 | REV | -3 | $7.600 | -1705 |
| 2022-08-03 10:34:10 | REV | -100 | $7.600 | -1805 |
| 2022-08-03 10:34:10 | REV | -85 | $7.600 | -1890 |
| 2022-08-03 10:34:12 | REV | -120 | $7.610 | -2010 |
| 2022-08-03 10:34:12 | REV | -119 | $7.610 | -2129 |
| 2022-08-03 10:34:12 | REV | -63 | $7.595 | -2192 |
| 2022-08-03 10:34:12 | REV | -90 | $7.590 | -2282 |
| 2022-08-03 10:34:12 | REV | -847 | $7.590 | -3129 |
| 2022-08-03 10:34:12 | REV | -50 | $7.600 | -3179 |
| 2022-08-03 10:40:25 | REV | 100 | $7.370 | -3079 |
| 2022-08-03 10:41:19 | REV | 100 | $7.320 | -2979 |
| 2022-08-03 10:41:47 | REV | 100 | $7.250 | -2879 |
| 2022-08-03 10:43:11 | REV | 100 | $7.230 | -2779 |
| 2022-08-03 10:43:30 | REV | 100 | $7.300 | -2679 |
| 2022-08-03 10:43:30 | REV | 100 | $7.300 | -2579 |
| 2022-08-03 10:45:54 | REV | 100 | $7.320 | -2479 |
| 2022-08-03 10:45:54 | REV | 100 | $7.320 | -2379 |
| 2022-08-03 10:48:04 | REV | 100 | $7.330 | -2279 |
| 2022-08-03 10:48:04 | REV | 100 | $7.350 | -2179 |
| 2022-08-03 10:49:22 | REV | 100 | $7.370 | -2079 |
| 2022-08-03 10:49:53 | REV | 100 | $7.340 | -1979 |
| 2022-08-03 10:50:29 | REV | 43 | $7.330 | -1936 |
| 2022-08-03 10:50:29 | REV | 57 | $7.340 | -1879 |
| 2022-08-03 10:58:57 | REV | 1879 | $7.640 | 0 |
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