huynguyen5's UVXY Trade +$334.98

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Trade Details
Published: Jun 05, 2023
Status: Closed
Broker: Fidelity
Asset: Stock
Symbol: UVXY
Type: Short
Patterns: Bear
Performance Metrics
Entry CPU Exit CPU Fees Max Amount Max Cost P&L % P&L $
-2.60 -1.93 $0.02 500.0 $-965.00 0.00% $334.98
Transactions
2 entries
Date Side Amount Price Commission Reg Fee
Jun 05, 2023 20:24:56 Entry 500.0 $-2.60 $0.00 $0.02
Aug 03, 2023 09:50:00 Exit 500.0 $-1.93 $0.00 $0.00
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Notes

06/05/2023 Sell short UVXY 500 shares $2.60/share 
$2.60 x 500 = $1300 - $0.02 fee = $1299.98
06/23/2023 UVXY reverse stock split 1 for 10, 500 shares / 10 = 50 shares
I plan to sell short 1000 shares of UVXY.  If the UVXY goes down $1 then my account has a positive $1000.
Then I will sell short another 500 UVXY shares or 1000 UVXY shares for day trade or swing trade.  
But I always keep a minimum of 1000 UVXY short shares in my Fidelity regular account.
06/23/2023 UVXY reverse stock split 1 for 10, 500 shares / 10 = 50 shares
08/03/2023 buy cover UVXY $19.30/share 100 shares $1930
Change to 1000 shares price $19.30/share / 10 = $1.93/share.  I change the price to 1000 shares to make it easy to type in the Exit position.
Buy cover 50 shares on short order 05/22/2023 and 50 shares short order 06/05/2023




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