Thursday, October 30, 2014

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Implied Market Maker Move was suggesting 5.70-6.00 dollar move.

After missing most of TWTR for one cent the day previous, The intentions of getting more aggressive with pricing and using it as an insight for direction we entered this.



As time advances, we get slightly more aggressive by 0.02 cents and start getting hit on some fills.


We are hit on 44 of 50 before the closing bell fills are as follows.



Risk Graph

 
 
 
After earnings call, and the mention of future cost increases.
 
 
 
 
We were looking Golden when we went home, but over night it firmed up over our target area, causing us to hold the trade for an additional day .
 
 
 
EXITS are as follows.
 
 
 
 
 
MATH
 
Bot 44x at .29 Cent Debt = $1276.00
 
Sold 24x at .90 = $2160.00
 
Sold 19x at 1.00 = $1900.00
 
Sold 1x at 1.01 = 101.00
 
$ 1276.00 - $4161 = $2885.00 2 Day Play.