Introduction
I like to write a quick case study on SABR stock swing on June 19, 2020. How to make profit on this swing?
Case study
I just made purchase another 200 shares of SABR on June 18, 2020. I like to purchase more shares when price is low. This morning I got up and saw SABR with 4% price up.
In one day, 4% up for 200 share over $1500 dollars, that is $60 dollars. I should sell 500 shares, and think about volatile, and take advantage of stock volatility.
Sell 500 shares around 9:00 AM pacific time, and purchase around 11:00 AM.
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