Shared by
RobEsposito20
Float - 343M, FS% - 9.30%, ATR - .64, AVOL - 22.97M, RVOL - 2.98
VRX Long Calls
I got long VRX around a consolidation in the pre market at .20 with a stop of .14 cents. The stock took out my stop for a loss. I then re enter when it held above on volume. Based on last earnings move and current earnings I thought it could easily get back to highs or even breakout above them. I sold into VWAP and the previous wick at .70cents and then re added 2 contracts back when we retest VWAP. I resold 1 back at .70 and sold the last contracts at .92 cents right near highs. Overall, good trade. I thought I was a bit early on my first entry and should have waited for the stock to show some strength. My entries are good I thought my sales were pretty good and planned out in advance based on key levels.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-08-08 09:40:00 | 18 AUG 17 14 CALL | buy | $2.380 | long |
| 2017-08-08 09:43:22 | 18 AUG 17 14 CALL | sell | $2.220 | 0 |
| 2017-08-08 09:46:13 | 18 AUG 17 14 CALL | buy | $2.390 | long |
| 2017-08-08 09:47:28 | 18 AUG 17 14 CALL | sell | $2.550 | long |
| 2017-08-08 10:00:01 | 18 AUG 17 14 CALL | sell | $2.720 | long |
| 2017-08-08 10:03:37 | 18 AUG 17 14 CALL | buy | $2.630 | long |
| 2017-08-08 10:05:15 | 18 AUG 17 14 CALL | sell | $2.790 | long |
| 2017-08-08 10:08:47 | 18 AUG 17 14 CALL | sell | $2.920 | long |
| 2017-08-08 10:09:27 | 18 AUG 17 14 CALL | sell | $2.970 | 0 |
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