A SHOP short off the first red candle carried a quiet morning
SHOP came in already extended, and our desk waited for the first red candle of the session before shorting it, then took the exit rather than holding for a stretch target. The rest of the morning was spent declining things: an RKLB entry cancelled after it missed by a few cents and ran away, an Apple gap level that drifted instead of setting up, and a SHOP re-entry long that was mapped, watched and never triggered. The desk shut down early rather than reach for something in the closing minutes.
The morning in figures
Net points are per share. Apply your own size to get your own number: at 1,000 shares, 2.00 points is $2,000.00. At 100 shares it is $200.00. At one share it is $2.00. The desk publishes the move, not a dollar result, because the dollars depend entirely on how you size, and that is your decision rather than ours.
The 1h 06m session is on the other side of this.
Everything above is the write-up. This is the morning itself, with the names on every call and the room talking through it.
Everything else was a decision not to trade. The RKLB order missed by six cents and the stock then gave sixty, so the order got cancelled instead of chased; Brandon, who thought he was in it alongside her, found out afterwards. Levels got re-mapped higher at prior close and the upper VWAP band, but nothing came back. Apple was agreed off the morning wire, drifted lower, and quietly faded as a setup. A SHOP long for the re-entry was identified and still had room on it late in the session — it simply never got there, and the desk closed up early rather than force a trade into the last two minutes.
Every trade called that morning
Losers included. Rows with more than one leg were scaled out; open any row to see each exit.