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Bopin' till i drop.
  • Reversed Trades For This Week 0 comments
    Aug 31, 2012 9:17 PM | about stocks: ATW, SPY, CVA

    See "Order Screw Up" from August 28: post for ATW screw up which error on 88 share trade cost around $11.56, including a full commission of 1 dollar.

    A similar issue on CVA gained me 3 dollars after i was able to buy back the 100 shares for 17.10 price or 17.11 cost price per share that I sold in error for 17.15 or 17.14 cost price the day before.

    And then the biggie, I liquidated the short SPY hedge in the account this morning, buying 781 shares rather than 1 share at 141.23 or 110303.82 or $141.2341 per share. I sold 780 shares a few seconds later at 141.22 of 110155.5 or $141.225 per share for a loss of 7.09 on the mistake and a wash loss of 15948.74 in a taxable margin account. The wash loss is not desirable but in my tax position, it has no net impact at this point, as I am carrying over a few losses from the meltdown still in my tax log. The loss was on a Hedge. Hooray!

    Total cost on the screwups was $.00185% of the account at $15.65. I will be more careful on the trigger.



    Disclosure: I am long ATW, SPY, CVA.

    Stocks: ATW, SPY, CVA
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