Another AM big bid setup, shorted 200 shares with 2 cent risk, given its weakness. The offers were stacked, SSR was on, lots of volume hitting the bid. When the offers at 11.92 started to thin out, I took partials, and took the rest off at 11.97 when it made a higher low.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-05-15 11:09:02 | VIPS | sell | $12.100 | short |
2018-05-15 11:18:39 | VIPS | buy | $11.920 | short |
2018-05-15 11:22:32 | VIPS | buy | $11.970 | 0 |
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