Trades for Fri, Sept 25th, 2015: +$1,173 daily and +$4,508 monthly profits

25 Sep Trades for Fri, Sept 25th, 2015: +$1,173 daily and +$4,508 monthly profits

9:36 – SHORT 1000 NKE 123.27avg, COVERED 600 at 122.93, out + .33, COVERED 300 at 122.82, out + .45            =          + $333

9:44 – SHORT 300 NKE 123.12avg, COVERED 123.02, out + .10       =          + $30

9:53 – SHORT 1000 JBL 22.38avg, STOPPED 1000 at 22.45, out - .07           =          - $70

10:15 – SHORT 6000 JBL 22.55avg, COVERED 4000 at 22.46, out + .09, COVERED 1000 at 22.35, out + .20, COVERED 500 at 22.32, out + .23, COVERED 300 at 22.22, out + .33, COVERED 200 at 22.47, out + .08    =            + $880

JBL09252015 NKE09252015

Total Daily P/L:          + $1,173

Total Weekly P/L:      + $4,508

Total Monthly P/L:      + $27,612

Total Yearly Profit:      + $120,867

 

Summary:

SPY gapped this morning but retraced back towards the 194.07 and 193.56 range before attempting to grind.  We scaled into NKE SHORT at 123.27avg for a reversion to scale out in the 122.90s-122.80s.  We scaled into JBL SHORT on heavy size 6,000 shares average price 22.55 as it spiked too fast through the 23.16 fib.  We anticipated a fib gap fill which played out perfectly as it rug pulled down to 22.13 eventually as we scaled out into the rug pull liquidity.  The tell was when the 22.56 large seller faded JBL algo sweeps into the SPY pops which was the kiss of death.  Closed out the morning with + $1,173 profits and weekly with + $4,508 profits.