This was an interesting choice – as a popped up on one of my scanners. Unfamiliar with stone, And I have never traded it before.
I didn't pay attention – and did a market purchase at the beginning, and bought into a $0.15 spread as you can see by looking at the running P&L one minute chart.
Big Reminder: always check the level II for the spread before moving into a trade!
Don't like these kind of spreads – however I put in limit orders at my target and gapped up to take it! May not be a bad stock to trade, just have to play it with limit orders.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-11-27 13:13:06 | STNE | buy | $23.710 | long |
2018-11-27 13:35:41 | STNE | sell | $23.840 | long |
2018-11-27 13:35:41 | STNE | sell | $23.840 | long |
2018-11-27 13:35:41 | STNE | sell | $23.840 | 0 |
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