TEVA Trade on Aug 7, 2017 12:57 from RobEsposito20: Tradervue User Stock Trades.

Gravatar

Shared by
RobEsposito20

 

Float - 912M, FS% - 4.31%, ATR - 1.45, AVOL - 10.70, Day 1 RVOL - 7.76

TEVA Long Puts

TEVA has been selling off since the stock reported earnings last Friday and cut the dividend. The stock has been very weak. The overall market had a small down tick during the trade and IBB was trending higher. This was the first test of VWAP for the day. I wanted to stay short with the overall context. Looking back to Fridays prices action the stock held over VWAP for a bit before breaking lower. I wanted to be prepared for that type of action today as well. I entered a little too early in the pattern around 19.45 with a target of 19 and stop 19.60. So risking 4 to make 1. I planned to hold the entire position into 19 and not take scales. I executed my plan pretty closely and sold 19.02 / 19.04


Execution detail:

Date/time Symbol Side Price Position
2017-08-07 12:57:03 18 AUG 17 21 PUT buy $2.000 long
2017-08-07 14:14:43 18 AUG 17 21 PUT sell $2.220 long
2017-08-07 14:14:43 18 AUG 17 21 PUT sell $2.220 long
2017-08-07 14:16:12 18 AUG 17 21 PUT sell $2.250 long
2017-08-07 14:16:36 18 AUG 17 21 PUT sell $2.250 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in