Shared by
ramentrades
I was watching the whole airline sector and the rest of them are down except this ticker. My plan was to let it test that half-dollar mark $19.50 and started in my position. I used my margin on this trade due to it being a high price stock.
This is more of a sympathy play. After it tried and fail to break $19.50. I went ahead and anticipate the bouncing ball price action. Reshorted into pops.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-01-30 09:36:40 | JBLU | sell | $19.420 | short |
| 2017-01-30 09:38:50 | JBLU | sell | $19.400 | short |
| 2017-01-30 09:47:28 | JBLU | sell | $19.361 | short |
| 2017-01-30 09:57:38 | JBLU | buy | $19.280 | 0 |
| 2017-01-30 10:00:05 | JBLU | sell | $19.261 | short |
| 2017-01-30 10:01:45 | JBLU | sell | $19.240 | short |
| 2017-01-30 10:15:43 | JBLU | buy | $19.140 | 0 |
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