VIPS gapped down off bad news (lowered guidance and margins). Saw a bid setup appear with tight r:r (about 10 cents) so I piled in a little and covered into the first wash. Covered more when it held and stopped out the rest for breakeven.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-05-15 09:32:44 | VIPS | sell | $12.010 | short |
2018-05-15 09:32:51 | VIPS | sell | $12.000 | short |
2018-05-15 09:33:49 | VIPS | buy | $11.890 | short |
2018-05-15 09:34:19 | VIPS | buy | $11.920 | short |
2018-05-15 09:34:43 | VIPS | buy | $11.990 | 0 |
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