Shared by
RobEsposito20
Float - 101M, FS% - 5.80%, ATR - 2.58, AVOL - 2.57M, RVOL - 4.2
TTWO was consolidating above VWAP for over an hour. Very stock sign for a stock that had gapped up so big and held. I wanted to build into a position near the lows of the consolidation and add to it on the breakout. The calls I selected for the initial entry are further out the money so they would be affected less if I was wrong. Once the stock broke out I bought deep in the money calls. I did a pretty good job of scaling out selling some at previous highs and holding the rest into 90. Good trade.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-08-03 11:30:39 | 18 AUG 17 90 CALL | buy | $1.650 | long |
| 2017-08-03 11:30:39 | 18 AUG 17 90 CALL | buy | $1.650 | long |
| 2017-08-03 11:34:48 | 18 AUG 17 90 CALL | buy | $1.500 | long |
| 2017-08-03 12:16:08 | 18 AUG 17 85 CALL | buy | $4.600 | long |
| 2017-08-03 12:23:18 | 18 AUG 17 85 CALL | sell | $4.400 | 0 |
| 2017-08-03 12:30:00 | 18 AUG 17 85 CALL | buy | $4.800 | long |
| 2017-08-03 13:04:24 | 18 AUG 17 90 CALL | sell | $1.950 | long |
| 2017-08-03 13:04:54 | 18 AUG 17 85 CALL | sell | $5.300 | long |
| 2017-08-03 13:16:12 | 18 AUG 17 85 CALL | sell | $5.500 | 0 |
| 2017-08-03 13:16:36 | 18 AUG 17 90 CALL | sell | $2.050 | 0 |
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