Trade for Monday, March 21, 2016: + $631 Profits

21 Mar Trade for Monday, March 21, 2016: + $631 Profits

 

9:32 – SHORT 1000 ORCL 41.41avg, STOPPED 1000 at 41.44, out - .03       =          - $30

9:41 – SHORT 2500 AAPL 106.64avg, COVERED 2000 at 106.56, out + .08, COVERED 500 at 106.57, out + .07            =          + $195

10:21 – SHORT 1500 AAPL 106.73avg, COVERED 1000 at 106.77, out - .04, COVERED 500 at 106.64, out + .09            =          + $41

10:24 – SHORT 2000 ORCL 41.57avg, STOPPED 41.68, out - .11       =          - $220

9:53 – SHORT 6000 HPE 17.77avg, COVERED 4000 at 17.69, out + .08, COVERED 1000 at 17.62, out + .15, COVERED 500 at 17.64, out + .13, COVERED 500 at 17.55, out + .22           =          + $645

Total Daily P/L:          + $631

HPE03212016finalle

Summary

SPY chopped this morning as it tested stinky 5s upper range 104.60s on tight 60-min bbs. We scalped reversion shorts on AAPL.  HPE finally tagged the 1.618 fib overshoots where we loaded up the shorts for reversions back down off the 17.90 to 17.50s to scale out. Closed out the morning with + $631 Profits.

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