By Jeff Cooper

Hit and Run Positions Update: May 11, 2023

New trade ideas will be sent later tonight. Updated positions are below.

Note: Entry prices may be averages of two separate entries for when a pilot position is made into a full position.

Longs

PDD Pilot Long: Entry: 65.49, Stop: N/A, P&L: -0.32

TWLO Pilot Long: Entry: 48.04, Stop: 45.90, P&L: -0.56

LEGN Long: Entry: 70.35, Stop: 68.00, P&L: +0.20

[CLOSED] ACLX Long: Entry: 45.35,  [Sold 1/3 for a 2.25 gain, and 2/3 for a 0.35 loss]

[CLOSED] AMD Pilot Long: Entry: 96.81,  [Sold half for a 0.02 loss, and 1/4 for a 1.59 gain, and 1/4 for a 0.00 gain]

TEAM Long: Entry: 134.93, Stop: 134.60, P&L: +0.75 [Sold half for a 2.37 gain]

[CLOSED] CRM Pilot Long: Entry: 202.06,  [Sold 1/3 for a 1.61 gain, and 1/3 for a 3.49 gain, and 1/3 for a 0.85 gain]

GNLX Pilot Long: Entry: 27.92, Stop: 25.00, P&L: -1.51

[CLOSED] UGL Pilot Long: Entry: 66.52,  [Sold for a 1.67 loss]

TZA Pilot Long: Entry: 33.93, Stop: N/A, P&L: +0.16

SLV May 19 $25 calls Pilot Long: Entry: 0.25, Stop: N/A, P&L: -0.23

[CLOSED] AEM Pilot Long: Entry: 60.65,  [Sold for a 2.65 loss]

GLD May 19 $187 calls Pilot Long: Entry: 4.80, Stop: N/A, P&L: -2.93

[CLOSED] GDXJ Pilot Long: Entry: 40.85,  [Sold for a 0.04 loss]

SPY May 19 $400 puts Pilot Long: Entry: 1.80, Stop: N/A, P&L: -1.22

WPM Long: Entry: 49.48, Stop: 49.48, P&L: +0.74 [Sold 1/3 for a 1.48 gain]

AU Long: Entry: 26.35, Stop: 26.35, P&L: +0.29 [Sold 1/3 for a 1.05 gain]

IWM May 19 $165 puts Pilot Long: Entry: 1.07, Stop: N/A, P&L: -0.76

SPY May 12 $400 puts Pilot Long: Entry: 2.20, Stop: N/A, P&L: -2.16

AG Pilot Long Position 2: Entry: 7.30, Stop: N/A, P&L: -0.94

UGL Pilot Long: Entry: 64.65, Stop: 62.60, P&L: +0.40

MUX Long Position 2: Entry: 9.13, Stop: N/A, P&L: -1.31

ENVX Pilot Long: Entry: 12.44, Stop: N/A, P&L: +0.29

AGI Pilot Long: Entry: 10.65, Stop: 11.65, P&L: +2.60 [Sold half for a 2.35 gain]

CGXEF Long: Entry: 1.25, Stop: 0.75, P&L: -0.30

MUX Pilot Long: Entry: 6.59, Stop: 5.80, P&L: +1.23 [Sold 1/3 for a 1.02 gain, and 1/3 for a 1.54 gain]

AVXL Pilot Long: Entry: 10.13, Stop: N/A, P&L: -0.94

AG Long: Entry: 8.63, Stop: N/A, P&L: -2.27

GLDG Long Position 2: Entry: 2.13, Stop: N/A, P&L: -1.09

IPMLF Long: Entry: 4.05, Stop: N/A, P&L: -2.71

GLDG Long: Entry: 2.35, Stop: N/A, P&L: -1.31

Shorts

SWKS Short: Entry: 97.70, Stop: 98.00, P&L: +0.79

FVRR Short: Entry: 29.21, Stop: 28.70, P&L: +1.08 [Covered 1/3 for a 0.71 gain, and 1/3 for a 1.25 gain]

[CLOSED] WFRD Pilot Short: Entry: 57.42,  [Covered for a 1.58 loss]

[CLOSED] CYBR Pilot Short: Entry: 136.59,  [Covered 1/3 for a 0.22 gain, and 1/3 for a 2.52 gain, and 1/3 for a 0.00 gain]

Uptrending Hit List

AGI

WPM

ACLX

TMDX

LEGN

SRGY

MDB

FIC

CRS

SWAV

NVDA

OTEX

PRTA

TECH

BILL

ZTS

Downtrending Hit List

CMA

ALB

MRNA

OLED

ETSY

AMBA

CROX

FSLR

ETSY

BIDU

BABA

FN

SNEX

TEAM

SITM

PDD

AYX

WIX