Entry comments: Bought this first green day OTC with nice news, my order wasn't getting executed so i chased this one about 15 cents higher than where I wanted it, not a great entry. Will be keeping a tight leash on it into the open tomorrow. Goal is to sell 3.30-3.40s ideally.
This was an earnings winner multi-month b/o on strong volume in a hot sector while the 3 indexes I follow were all up >1% on the day - a true sniper trade. As soon as the stock's ask broke the b/o level, I jumped into the trade. The level 2 crossed, making the trade a little hard to read while I was in it, but I compensated by watching the time & sales window too. The trade went my way for a few minutes, but the stock has already been going up for 3 consecutive days so it had that against it.