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Friday, September 29, 2023

173: Riding price action—a complete breakdown of the Lyft IPO w/ Michael Katz

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After appearing on Chat With Traders last year for episode 156, Michael Katz returns: Mike’s a short-term equities trader and managing partner of proprietary trading firm Seven Points Capital.

The purpose of doing this episode was to have a very specific and detailed discussion about how Mike traded ride share company Lyft on the first day of its IPO (Mar 29).

And to make it easier for you to follow along with our discussion, I’ve included intraday charts with Mike’s entries and exits below…

Note: You are responsible for your own trading decisions. No recommendations given.


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