Flexibility was key here. I left the short position and went long after noticing the gearing action. I didn't have the courage to hold to 13.10; let alone 13.16-but that's where it went.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-07 10:00:13 | TQNT | buy | $12.810 | long |
2014-04-07 10:12:09 | TQNT | sell | $13.010 | 0 |
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