KORS Trade on Aug 8, 2017 10:19 from RobEsposito20: Tradervue User Stock Trades.

Gravatar

Shared by
RobEsposito20

 

Float - 148M, FS% - 4.89%, ATR - .83, AVOL - 2.54M, RVOL - 8.52

KORS Long Calls

KORS was in play after reporting earnings today. It had a huge gap up and 43 - 44 was a decent resistance area on the daily chart. I initially tried a short in the KORS looking for it go fail at resistance. When it was holding over VWAP for an extended period of time and holding above the opening drive lows I decided to exit for scratch and wait for a long set up above opening drive highs. I took my entry over 44 with a stop .20 cents. My target was around 45. My first sale was around 44.70 my second sale was 44.90 and my last sale I tried to hold for a bigger move and got stopped out around 44.70. I then added back to my position when the stock consolidated over the previous highs and sold for around .50cents profit. I wasn't sure how far the stock could go since the ATR is only .82 and the stock had already done 2.5 ATR since the open. I thought I could have been bigger over 44 although I did think it could retest the whole number. Overall, pretty good trade. I followed my plan well.


Execution detail:

Date/time Symbol Side Price Position
2017-08-08 10:19:59 18 AUG 17 42 CALL buy $2.600 long
2017-08-08 10:43:28 18 AUG 17 42 CALL sell $2.950 long
2017-08-08 10:54:35 18 AUG 17 42 CALL sell $3.000 long
2017-08-08 11:06:10 18 AUG 17 42 CALL sell $2.750 0
2017-08-08 11:41:29 18 AUG 17 42 CALL buy $3.370 long
2017-08-08 11:41:29 18 AUG 17 42 CALL buy $3.370 long
2017-08-08 11:53:38 18 AUG 17 42 CALL buy $3.300 long
2017-08-08 11:57:30 18 AUG 17 42 CALL sell $3.480 long
2017-08-08 12:03:40 18 AUG 17 42 CALL sell $3.600 long
2017-08-08 12:05:28 18 AUG 17 42 CALL sell $3.540 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