8/3/2021 Shorted AAPL at 147 today. Bought 1/5th sized position in BABA at 196.29 yesterday (1+ year hold).

Category1 1 Minute

Hi everyone. I’ve been looking at shorting something and since Apple just had earnings and is the biggest component of the QQQ, I decided to short it at 147 today. I also bought a 1/5th sized position in BABA yesterday at 196.29 as planned. You can find the BABA chart with my trade plan from the previous blog post.

Aapl daily chart below. It has dropped the last few times after earnings, so I shorted at 147 today. It also acts as a hedge against my long positions.

Advertisement

Published by bigfry

Hi, I’m Nathan. I majored in Finance and minored in Piano Performance at Boston University (graduated in 2020). Outside of trading/investing, I enjoy programming, teaching and playing piano, teaching and playing Go, fishing, and watching anime. I also started my own Boba company while at BU. I'm currently teaching Go full time, which has been the best job I could ever hope for. I'm also currently attending the App Academy bootcamp which started in January 2023.

Published

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s