Trades for Monday, June 5, 2017: – $143 Losses

06 Jun Trades for Monday, June 5, 2017: – $143 Losses

10:00 – SHORT 700 DECK 71.23avg, STOPPED 500 at 71.50, out - .27, STOPPED 200 at 71.55, out - .32    =            - $199

10:07 – SHORT 300 JUNO 23.70, STOPPED 23.95, out - .25  =          - $75

10:14 – SHORT 1000 JUNO 23.68avg, STOPPED 23.95, out - .27       =          - $270

1:29 - SHORT 8000 JUNO 23.71avg, COVERED 6000 at 23.42, out + .29, COVERED 1000 at 23.31, out + .40, COVERED 500 23.32, out + .39, COVERED 500 at 23.47, out + .24   =          + $2,555

1:36 - SHORT 9000 RH 43.67avg, COVERED 6000 at 43.86, out - .19, COVERED 1500 at 44, out - .33, COVERED 700 at 44.03, out - .36, COVERED 300 at 44.19, out - .52 =          - $2,043

2:29 - SHORT 1600 RH 44.39avg, COVERED 1300 at 44.42, out - .03, COVERED 300 at 44.60, out - .21     =            - $111

Total Intra-day P/L:   - $143 Losses

RHJUNO06052017fifinalles

Summary

SPY was very flat today in a super tight range as stocks did their own thing. The liquidity was insanely thin out there, which set off some crazy squeezes in the biotechs. We got chopped around a bit this morning on the super thin liquidity. JUNO set-up a perfect storm breakdown that we hit heavy after testing some trades to average in SHORTS at 23.71 for the eventual leans to that 23.29 last pivot. RH had a daily mini inverse pup but the 60-min was still in a mini pup. We were too early stepping into the shorts and had to scale and sprawl off the 43.63 and 45.54 area fibs. It took almost 5 hours but liquidity FINALLY appeared on the leans down to the 15-min 5-period moving average at 43.83 to stop out most of the shorts from 43.68avg. We still got stopped out of the remaining shares in the 44-44.30s area.  Closed out the day with - $143 Losses.