Trades for Monday, Oct. 9, 2017: + $235 Profits

09 Oct Trades for Monday, Oct. 9, 2017: + $235 Profits

 

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9:50 – SHORT 300 NVDA 184.47avg, COVERED 200 at 184.03, out + .44, COVERED 100 at 184.75, out - .38            =          $50

9:34 – SHORT 2000 SQ 30.97avg, COVERED 1700 at 30.88, out + .09, COVERED 200 at 30.83, out + .14, COVERED 100 at 30.93, out + .04       =          + $185

Total   P/L:      + $235 Profits

SQ10092017-labelled

Summary

SPY was weak on a 15-min mini inverse pup this morning as the daily stochastic peaked. We hit a reversion SHORT on SQ for a nominal reversion back to fibs. Scalped a quickie on NVDA SHORT off the 1.618 fib but it was amazingly resilient along with AMD which finally correlated today. Keeping powder dry for earnings season coming up. Closed out the morning with  + $235 Profits