EA Trade on Feb 1, 2023 09:34 from JRockTrades: Tradervue User Stock Trades.

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Earnings OGT VWAP

EA reported yesterday and the result was very negative. I had the idea that if it showed weakness off the open, I would look for places to get short. It did and I wanted to short from VWAP, but I had a sloppy sloppy entry, about 35 cents lower than ideal. This increased the risk on the trade greatly, but it didn't really matter because it quickly worked. I covered the first 30% in 10 share lots up to a dollar lower. I continued to take profits in the half dollar increment areas. Since this was still very early in the morning, I tend to draw hard lines and when trades cross them, just cut it and take profits. That happened when I had 30% left and price wicked above 114 and the previous minute bar high, at which point I fully closed for a really nice trade.


Execution detail:

Date/time Symbol Qty Price Position
2023-02-01 09:34:13 EA -100 $115.385 -100
2023-02-01 09:35:51 EA 10 $114.610 -90
2023-02-01 09:36:12 EA 10 $114.550 -80
2023-02-01 09:38:10 EA 10 $114.350 -70
2023-02-01 09:39:11 EA 10 $114.110 -60
2023-02-01 09:39:16 EA 10 $114.010 -50
2023-02-01 09:40:00 EA 5 $113.950 -45
2023-02-01 09:40:35 EA 5 $113.550 -40
2023-02-01 09:40:43 EA 5 $113.530 -35
2023-02-01 09:42:00 EA 5 $113.530 -30
2023-02-01 09:43:01 EA 30 $114.095 0


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