OAS Trade on Feb 4, 2014 12:04 from Jquek: Tradervue User Stock Trades.

Gravatar

Shared by
Jquek

 

a great set up today thanks to the SMB radar.
Caught it just as it was in a bear flag and weakening, starting to head towards the $40 level.
shorted at 40, added tot he position when it broke 40 and rebounded.
Went down cleanly till 39 and I covered, and it continued to $38.75 while I was in the afternoon meeting.
I shouldn't feel bad about it but my thought is that I probably could have caught at least another 20 cents.

The reversal rebound from 38.75 was surprisingly strong, going up to $40 (in part thanks to a spike in the SPY)
I was still in the meeting when I saw it hit 40, and my thought was to short it then. Went back, saw it at 39.83 and shorted 1000 first to test, added at 75 cents, and added a last batch at 65 cents. Consolidated and went up abit which freaked me out but then it resumed its trend down. I covered abit late, because I had the impression it would retest $38.75.

After this I made a lot of bad trades because I was greedy and wanted to catch any last continuation move, but the stock did very choppy fakeouts.

Interesting to me was the buying strength at 38.75 which gave me the idea that there was the possibility of a rebound move at the end.


Execution detail:

Date/time Symbol Side Price Position
2014-02-04 12:04:00 OAS sell $40.010 short
2014-02-04 12:04:00 OAS sell $39.960 short
2014-02-04 12:04:00 OAS sell $39.990 short
2014-02-04 12:04:00 OAS sell $40.000 short
2014-02-04 12:08:00 OAS sell $39.930 short
2014-02-04 12:32:00 OAS buy $38.990 short
2014-02-04 12:32:00 OAS buy $38.990 short
2014-02-04 12:32:00 OAS buy $38.975 short
2014-02-04 12:32:00 OAS buy $38.975 short
2014-02-04 12:32:00 OAS buy $38.990 short
2014-02-04 12:32:00 OAS buy $39.002 short
2014-02-04 12:32:00 OAS buy $38.975 0
2014-02-04 13:05:00 OAS sell $39.830 short
2014-02-04 13:07:00 OAS sell $39.750 short
2014-02-04 13:16:00 OAS sell $39.650 short
2014-02-04 14:43:00 OAS buy $39.050 short
2014-02-04 14:43:00 OAS buy $39.047 short
2014-02-04 14:43:00 OAS buy $39.050 short
2014-02-04 14:43:00 OAS buy $39.050 short
2014-02-04 14:43:00 OAS buy $39.050 short
2014-02-04 14:43:00 OAS buy $39.050 short
2014-02-04 14:43:00 OAS buy $39.050 short
2014-02-04 14:43:00 OAS buy $39.050 short
2014-02-04 14:43:00 OAS buy $39.050 0
2014-02-04 14:45:00 OAS buy $39.077 long
2014-02-04 14:45:00 OAS buy $39.080 long
2014-02-04 14:45:00 OAS buy $39.075 long
2014-02-04 14:45:00 OAS buy $39.080 long
2014-02-04 14:45:00 OAS buy $39.080 long
2014-02-04 14:47:00 OAS buy $39.118 long
2014-02-04 14:52:00 OAS sell $39.005 0
2014-02-04 14:56:00 OAS sell $38.950 short
2014-02-04 15:11:00 OAS buy $39.008 0
2014-02-04 15:12:00 OAS buy $39.017 long
2014-02-04 15:12:00 OAS buy $39.019 long
2014-02-04 15:22:00 OAS buy $39.250 long
2014-02-04 15:22:00 OAS buy $39.240 long
2014-02-04 15:22:00 OAS buy $39.250 long
2014-02-04 15:22:00 OAS buy $39.250 long
2014-02-04 15:22:00 OAS buy $39.247 long
2014-02-04 15:22:00 OAS buy $39.250 long
2014-02-04 15:22:00 OAS buy $39.250 long
2014-02-04 15:24:00 OAS buy $39.254 long
2014-02-04 15:24:00 OAS buy $39.258 long
2014-02-04 15:29:00 OAS sell $39.231 0
2014-02-04 15:31:00 OAS buy $39.236 long
2014-02-04 15:35:00 OAS sell $39.140 long
2014-02-04 15:35:00 OAS sell $39.140 long
2014-02-04 15:35:00 OAS sell $39.140 long
2014-02-04 15:35:00 OAS sell $39.140 long
2014-02-04 15:35:00 OAS sell $39.140 0
2014-02-04 15:35:00 OAS sell $39.130 short
2014-02-04 15:39:00 OAS sell $39.010 short
2014-02-04 15:39:00 OAS sell $39.011 short
2014-02-04 15:48:00 OAS buy $39.209 0
2014-02-04 15:48:00 OAS buy $39.220 long
2014-02-04 15:48:00 OAS buy $39.210 long
2014-02-04 15:48:00 OAS buy $39.210 long
2014-02-04 15:48:00 OAS buy $39.210 long
2014-02-04 15:48:00 OAS buy $39.220 long
2014-02-04 15:48:00 OAS buy $39.210 long
2014-02-04 15:48:00 OAS buy $39.215 long
2014-02-04 15:48:00 OAS buy $39.220 long
2014-02-04 15:52:00 OAS buy $39.308 long
2014-02-04 15:56:00 OAS sell $39.230 long
2014-02-04 15:56:00 OAS sell $39.220 long
2014-02-04 15:56:00 OAS sell $39.220 long
2014-02-04 15:56:00 OAS sell $39.220 long
2014-02-04 15:56:00 OAS sell $39.220 long
2014-02-04 15:56:00 OAS sell $39.220 long
2014-02-04 15:56:00 OAS sell $39.223 long
2014-02-04 15:56:00 OAS sell $39.220 long
2014-02-04 15:56:00 OAS sell $39.220 long
2014-02-04 15:56:00 OAS sell $39.220 long
2014-02-04 15:56:00 OAS sell $39.220 long
2014-02-04 15:56:00 OAS sell $39.223 long
2014-02-04 15:56:00 OAS sell $39.220 long
2014-02-04 15:56:00 OAS sell $39.220 long
2014-02-04 15:56:00 OAS sell $39.220 long
2014-02-04 15:56:00 OAS sell $39.228 0
2014-02-04 15:57:00 OAS sell $39.160 short
2014-02-04 15:57:00 OAS sell $39.160 short
2014-02-04 15:57:00 OAS sell $39.160 short
2014-02-04 15:57:00 OAS sell $39.140 short
2014-02-04 15:59:00 OAS buy $39.090 short
2014-02-04 15:59:00 OAS buy $39.080 short
2014-02-04 15:59:00 OAS buy $39.090 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