PCG was extremely weak on high relative volume following the CA wildfire news. I spotted an SSR setup (tight spread at 25.00 with offers stacking) and shorted it with risk at 25.10. It broke 25.00 and quickly dropped, I took partials on the way down. It was soon halted to the downside and I took the rest off once it reopened.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-11-14 11:47:58 | PCG | sell | $25.000 | short |
2018-11-14 11:49:00 | PCG | buy | $24.420 | short |
2018-11-14 11:50:08 | PCG | buy | $23.490 | short |
2018-11-14 11:56:31 | PCG | buy | $23.540 | 0 |
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