KO Trade on Apr 20, 2016 09:31 from Frostman007_BOWS: Tradervue User Stock Trades.

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Frostman007_BOWS

 

Sim Day 3:
Wed, Apr 20, 2016
Total trades: 4
Total volume: 1000
Stock: KO (Coke)

After reading the over night news. Saw that Coke has less than expected earnings. Looked at the board to see where the big push was to buy this morning. Between 8:am (half hour before stock market open) KO had gone from $45.90 to $45.20. Prayed about this. Wanted to play this smart and not reactionary or willy nilly, so I place a Sell Short order at $45.20 - to make sure my intuition was right and if the stock was going to go down... it was going to be going down when I got in it. Sure enough within the first 2 minutes it hit my strike price. And before it hit the strike price I was looking at buy pressure. There was a huge push to buy at $44.84. Set my buy to close - 2 minutes later. BANG! Up $300 within 5 minutes of the open.


Execution detail:

Date/time Symbol Side Price Position
2016-04-20 09:31:00 KO sell $45.200 short
2016-04-20 09:34:00 KO buy $44.840 0


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