Trades for Oct 5th, 2015: + $1,638 Profits

05 Oct Trades for Oct 5th, 2015: + $1,638 Profits

9:31 – SHORT 500 POT 21.20, COVERED 21.04, out + .16       =            + $80

9:41 – SHORT 5000 LVS 42.73avg, COVERED 4500 at 42.58, out + .15, COVERED 300 at 42.54, out + .19, COVERED 200 at 42.39, out + .34            =            + $800

9:59 – BUY 200 WYNN 64.20, STOPPED 200 at 63.55, out - .65       =            - $130

10:09 – SHORT 6500 LVS 42.73avg, COVERED 5500 at 42.63, out + .10, COVERED 700 at 42.48, out + .25, COVERED 300 at 42.52, out + .21            =            + $788

10:34 – BUY 400 UVXY 46.48, SOLD 300 at 46.75, out + .27, SOLD 100 at 46.82, out + .34       =            + $115

Total Daily P/L:     + $1,638

Total Weekly P/L:      + $1,653

Total Monthly P/L:      + $5,422

Total Yearly Profit:      + $126,535

Summary:

SPY gapped this morning and the bulls were quite resilient as they grinded to and through the 197.06 fib towards the 197.50 stinky 2.50s area before a reversion kicked in. We hit POT for a small clip off the 21.33 fib rejection. We scaled into LVS SHORT at 42.73avg as it climbed through 5 fib/ma levels for a reversion as WYNN was sell fading hard to scale out 42.58, 42.54 and 42.39 on the first 5 minute stochastic slip through 80 band. We tested WYNN LONG at 64.20 but stopped out at 63.55, out - .65 on light shares and proceeded to re-SHORT LVS at 42.73avg again on heavier size for the inevitable reversion again to scalp 42.63, 42.48 and 42.52, out + .10, + .25 and + .21. We hit UVXY LONG at 46.48 to scalp 46.75 and 46.82 as SPY made its reversion back down from 197.50 through the 197.06 fib.   Closed out the morning with + $1,638 profits.