22.63M float/2.50% short float/95.80% institutional
playbook: DW goes ex - dividend today on a special dividend of 2$ per share. I will see, if there is anyone buying this stock up into the close today in order to receive 2$/share
Stop: 62.75$
R: 3
Actually I messed up the trade and the date pretty hard. Wasn't sure if the gap happens on ex - date or from ex - date to next dates open, because the stock did not print premarket.
However, the gap was there and I traded the dividend setup...got squeezed and lost my position. Could have doubled my profit, stock is already down a dollar fomr my entry.
It was soooooo thin. Sometimes it did not print for minutes. It "spiked" .50$ and I lost my cool, because my 60$ profit went down to 30$...I got out on the first downtick...
Execution detail:
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!