Trades for Friday, Jan. 31, 2017: + $793 Profits

31 Jan Trades for Friday, Jan. 31, 2017: + $793 Profits

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9:33 – SHORT 400 UAA 21.20, STOPPED 21.47, out - .27      =          - $108

9:38 – SHORT 1300 UAA 21.17, STOPPED 800 at 21.32, out - .15, STOPPED 500 at 21.47, out - .30           =            - $270

10:30 – SHORT 9000 UAA 21.81avg. COVERED 7000 at 21.73, out + .08, COVERED 2000 at 21.66, out + .15            =          + $860

11:14 – SHORT 4000 S at 9.60avg, COVERED 4000 at 9.51, out + .09           =          + $360

11:41 – SHORT 700 UAA 21.82avg, STOPPED 21.88, out - .07           =          - $49

Total Daily P/L:          + $793 Profits

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Summary

SPY sold off again this morning on a perfect storm breakdown. We scaled into UAA SHORT to finally get the peak off the 22.15 area for a reversion back through the 21.80 fib which was our average price on heavy size to trim out into panic liqidity at 21.73 and 21.66. We scaled into S SHORT for a nominal reversion back under the 9.60avg price to scalp out 9.51 as it made the reversion towards that 9.48 fib. Closed out the morning with + $793 Profits.