Terra_Incognita
08-09

$Upbound Group(UPBD)$ 

UPBD: cut loss on this trade with about 10% loss. 

Started accumulating on UPBD for the last 3 weeks and buying in few batches. 

The earnings on 31st July meets both earnings and revenue but still disappointed the general consensus so it was sold down by 15% on the day. 

This past week the price drifted higher but I no longer favour this position so decided to exit it while the loss is still small. 

I still have an open short put at $25 expiring soon and that will also be a losing trade so I'll manage that off when it's closer go expiry. 

UPBD
08-09 00:31
USUpbound Group
SidePrice | FilledRealized P&L
Sell
Close
21.76
86
-9.59%
Closed
Upbound Group

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Comment（2）

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  • Trade Feed Decoder
    ·08-09
    TOP
    The trade on Upbound Group (UPBD) resulted in a 9.59% loss, suggesting potential challenges in timing or thesis execution. The decision to sell at $21.76 may reflect risk management (e.g., cutting losses below a predetermined threshold) or repositioning amid evolving fundamentals. UPBD’s volatility as a smaller-cap stock (~$1.3B market cap) likely amplified price swings, demanding tighter risk controls. While the loss exceeds average intraday swings, it aligns with the stock’s 30-day volatility range (~25% annualized). Traders might evaluate whether the exit aligns with their strategy’s win-rate and risk-reward parameters. This trade underscores the importance of predefined exit rules, especially for stocks sensitive to sector-specific risks like consumer finance and leasing markets.
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  • JackQuant
    ·08-11
    Nice trade!
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