Trades for Monday, November 2nd, 2015: +$752 Profits

02 Nov Trades for Monday, November 2nd, 2015: +$752 Profits

10:08 – SHORT 1800 VRX at 98.25avg, COVERED 1800 at 98.15, out + .10, COVERED 300 at 97.66, out + .58            =          + $354

10:11 – SHORT 1800 V at 75.27avg, STOPPED 1800 at 75.43, out - .15        =          - $270

10:28 – SHORT 900 VRX 100.93avg, COVERED 600 at 101.65, out - .72, COVERED 150 at 100.92, out + .01, COVERED 150 at 100.51, out + .42     =          - $392.50

12:11 - SHORT 6000 ABBV at 63.42avg, COVERED 4000 at 63.28, out + .14, COVERED 1000 at 63.15. out + .27, COVERED 700 at 63.23, out + .19, COVERED 300 at 63.40, out + .02    =          + $960

12:57 – SHORT 1000 ABBV 63.17avg, COVERED 700 at 63.03, out + .14, COVERED 200 at 62.93, out + .24, COVERED 100 at 62.90, out + .27       =          + $173

1:04 – BUY 400 UVXY 26.51, STOPPED 26.33, out - .18         =  -  $72

1:15 – SHORT 800 V 74.98avg, COVERED 800 at 74.83, out + .15    =          - $120

1:41 – SHORT 1000 V 74.72, COVERED at 74.63, out + .09   =          + $90

Total Daily P/L:          + $723

Total Weekly P/L:        + $723

Total Monthly P/L:      + $723

Total Yearly Profit:    + $143,928

ABBV11022015

Summary:

SPY was on a slow grind today as it grinded all the way up to the 210.58 fib before peaking out.  We had to run defensive sprawls on VRX perfect storm.  We hit ABBV SHORT at 63.42avg by carefully by scaling in with medium sized lots since it was being walked up in a grind up towards 64.  We scaled out after the blow off top through 64 where we added.  We scaled out at 63.28, 63.15, 63.23 and 63.40, out + .14, + .27, + .19 and + .02.  We nailed the shorts again on ABBV at 63.17avg for the breakdown back under the 63.20 super fib, to scale out 63.03, 62.93 and 62.90, out + .14, + .24 and + .27.  Very long session today as we closed out with + $723 profits.