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Align Technology Inc (NASDAQ: ALGN). July. Short. + 45.22% On Invested Capital.

|About: Align Technology, Inc. (ALGN)
Summary

Investors are very fond of the result.

I propose to calculate the potential profit for July.

The forecast were printed on July 1, 2019.

July 3

Short

Volume position 1000 shares.

Position opening: $ 275.95.

$ 275.95 x 1000 shares = $ 275,950. This is the invested capital.

Stop Loss: $ 280.30.

July 5

Position July 3

On my system at the price of $ 270.00, 50% of the position was closed.

$ 275.95 x 1000 shares = $ 275,950

$ 270.00 x 1000 shares = $ 270,000

$ 275,950 - $ 270,000 = $ 5,950. This is 2.15% on invested capital.

We continue to hold the position.

$ 275.95 x 500 shares = $ 137,975

Closing position on July 3

$ 275.95 x 500 shares = $ 137,975

$ 275.65 x 500 shares = $ 137,825

$ 137,975 - $ 137,825 = $ 150. This is 0.1% on invested capital.

July 18

Short

Volume position 1000 shares.

Position opening: $ 287.95.

$ 287.95 x 1000 shares = $ 287,950. This is the invested capital.

Stop Loss: $ 290.90.

On my system at the price of $ 285.00, 50% of the position was closed.

$ 287.95 x 1000 shares = $ 287,950

$ 285.00 x 1000 shares = $ 285,000

$ 287,950 - $ 285,000 = $ 2,950. This is 1.02% on invested capital.

We continue to hold the position.

$ 287.95 x 500 shares = $ 143,975

July 19

Closing position on July 18

$ 287.95 x 500 shares = $ 143,975

$ 287.65 x 500 shares = $ 143,825

$ 143,975 - $ 143,825 = $ 150. This is 0.1% on invested capital.

Short

Volume position 1000 shares.

Position opening: $ 286.75.

$ 286.75 x 1000 shares = $ 286,750. This is the invested capital.

Stop Loss: $ 288.90.

On my system at the price of $ 280.20, 50% of the position was closed.

$ 286.75 x 1000 shares = $ 286,750

$ 280.20 x 1000 shares = $ 280,200

$ 286,750 - $ 280,200 = $ 6,550. This is 2.28% on invested capital.

We continue to hold the position.

$ 286.75 x 500 shares = $ 143,375

July 23

On my system at the price of $ 270.00, 50% of the position was closed.

$ 286.75 x 500 shares = $ 143,375

$ 270.00 x 500 shares = $ 135,000

$ 143,375 - $ 135,000 = $ 8,375. This is 5.84% on invested capital.

We continue to hold the position.

$ 286.75 x 250 shares = $ 71,687

July 29

Closing position on July 19

$ 286.75 x 250 shares = $ 71,687

$ 190.00 x 250 shares = $ 47,500

$ 71,687 - $ 47,500 = $ 24,187. This is 33.73% on invested capital.

Profit for July.

$ 5,950 + $ 150 + $ 2,950 + $ 150 + $ 6,550 + $ 8,375 + $ 24,187 = $ 48,312

2.15% + 0.1% + 1.02% + 0.1% + 2.28% + 5.84% + 33.73% = 45.22%

By the way. The position volume could be increased 6 times. This is for this ticker.